Tesco - Latest News and Analysis – Page 172
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News
More disposals loom as second profits warning signals new low for Premier
Premier Foods has been forced to issue another profit warning as it continues to wrestle with the fall-out from its dispute with Tesco earlier this year.
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Comment and Opinion
Tesco's fighting talk
Philip Clarke today had the unfortunate task of unveiling what many have described as Tesco’s worst interims for 20 years, despite a tidy rise in profits across the group.
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News
Tesco suffers worst first half in 20 years
Tesco vowed to take “decisive action” to get its core UK business back on track after suffering its worst first-half performance for 20 years.
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Analysis and Features
Suppliers fear the worst over Tesco's cuts
Tesco’s new Big Price Drop offensive slashes the cost of 3,000 lines. Who’s going to pay - and how?
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News
Tesco eyes fresh boost with ‘hot house’ trial
Tesco is exploring ways to dramatically boost its fresh foods offering with a ‘hot house’ availability trial.
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Comment and Opinion
Suppliers will take biggest hit from Tesco price cuts
That Tesco is to start yet another price war comes as no surprise. What is surprising, however, is an apparent indifference towards the impact on suppliers.
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News
Little Dish wins big in Tesco’s tot meal rejig
Tesco has shaken up its chilled toddler meals by delisting Annabel Karmel’s lines and making Little Dish its exclusive brand. Distribution of Little Dish’s chilled ready meals has been increased from 450 to 800 Tesco stores and the…
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Comment and Opinion
Big Price Drop has left me both underwhelmed and baffled
Did the earth move for you? For years, Tesco was able to surprise us and delight/terrify us with its bold initiatives, but it’s lost the knack of late.
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News
Tesco's 12% reduction in Price Drop
Unilever and Procter & Gamble head a long list of brand owners targeted in Tesco’s Big Price Drop.
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News
Tesco takes Chokablok into Magnum territory
Tesco's Chokablok ice cream has taken another step towards becoming an established brand by muscling in on Magnum's territory with the launch of premium ice creams on sticks. The Belgian chocolate-coated Chokablok on Sticks will launch...
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Comment and Opinion
If shoppers really cared about going green, Tesco would be plugging its latest eco-store
We’ve all read surveys ‘proving’ ‘green’ products and practices go straight to the bottom line. Like the fact 25% of consumers in The Grocer/YouGov survey say the environment is of greater concern now than at the start of the recession vs only 20%…
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Grocer 33
Tesco Extra, Gloucester Quedgeley
The Grocer 33 is a weekly mystery shopping survey, tracking price, service and availability at the five leading grocery retailers: Asda, Morrisons, Sainsbury’s, Tesco and Waitrose. Each week the winning store manager is interviewed by The Grocer.
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News
Tesco wages £500m Price Drop campaign
Tesco was this week dramatically forced to reveal plans for a £500m price offensive, as details leaked of its strategy to hit back at rivals who have seized the initiative on price. Following a week of speculation, the supermarket...
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News
Tesco price war threat sends rivals’ shares tumbling
Fears that Tesco is to spark a new price war sent shares in supermarket rivals plummeting yesterday. Shares in Sainsbury’s fell by 2% yesterday, while Ocado was hit even harder. The online retailer saw its share price slump by 11%.
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News
The Big Price Drop: Tesco unveils its £500m fightback
Tesco is to plough £500m into a huge new offensive that will see 3,000 products slashed in price. The Big Price Drop launches on Monday, as predicted yesterday by The Grocer, kicking off what many expect to be a full-scale price war in the run-up to Christmas.
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News
Tesco to raise £300m from Thai property sell-off
Tesco is bidding to unlock hundreds of millions of pounds from its Asian property empire. Its Thai subsidiary, Tesco Lotus, is looking to raise more than £300m via an initial public offering for a new property fund secured against 15 of its hypermarkets in Thailand.
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News
Tesco gears up for massive new pricing offensive
Tesco is set to unveil a major shift in pricing strategy, as the UK’s largest supermarket gears up for a price war this Christmas. A dramatic new offensive – due to begin next week – could see it switch emphasis from promotions, which Tesco has reportedly come to see as ...
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News
Five years on, Tyrrells ends that Tesco spat
Tyrrells crisps will be appearing on Tesco shelves from today (19 September) - five years after a row in which former owner Will Chase threatened to sue the retailer for selling its products via the grey market. The full Tyrrells range will be going...
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News
New dawn in convenience pricing as Budgens takes on Tesco
Musgrave has ushered in a new dawn for convenience pricing in the UK with a pledge that its Budgens stores will price match Tesco on 800 products. The programme represents the first move by a symbol group to match Tesco’s prices since…
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News
Retailers unite to fight campylobacter threat
Eight of the country's biggest food retailers and the three largest chicken processors have joined forces to tackle the most common cause of food poisoning campylobacter in raw meat. Tesco, Asda, Sainsbury's, Morrisons, The Co-operative...