Tesco - Latest News and Analysis – Page 198
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Ex-Tesco boss forced to shut indie venture
Peter Durose, the former Tesco fresh produce chief, has been forced to close the specialist food shop he opened in 2007. The English Grocer has closed its doors after Durose and his wife decided they couldn't keep ploughing money into the...
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Asda kids go cock-a-hoop
After Tesco treated shoppers to some unexpected X-rated fun in one store's entertainment section recently, news of top-shelf antics at arch-rival Asda. Last month it was reported that the supermarket had been forced to move its misleadingly...
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Editor's Comment: A blanket 3% cut in cost price seems crude but it's an opening gambit, right?
Tesco is not the only multiple playing hardball with its suppliers right now, says Adam Leyland
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Aldi sets out its 99p stall with TV ad for 140 lines
Aldi is trumpeting its value credentials to consumers by advertising 140 lines at just 99p. The discounter has compared its 99p lines with similar products offered by Tesco and Asda and claims that buying 100 of them could save the consumer up to...
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Editor's Comment: Tesco has become part of The Establishment
This week Tesco overtook Carrefour to become the world's second-most profitable retailer. And with the Chancellor announcing a basket case Budget a day later, it might seem odd to question one of the enduring success stories of the past New Labour...
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Inverness Tesco hit by tuna toxin alert
Fresh tuna steaks bought from a Scottish Tesco store have been linked to three cases of food poisoning.
Three instances of Scombrotoxin poisoning were diagnosed last week in the Inverness area.
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Ten problems to keep Sir Terry up at night
The Tesco juggernaut keeps on trucking, with sales of £59bn and profits north of £3bn in its latest accounts. Yet Tesco is not infallible and against the backdrop of a global economic recession suppliers, industry consultants, City analysts and marketing experts have been unusually critical of certain aspects of its ...
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Tesco unveils record £3bn full-year profits
Tesco has posted stronger results than expected over the past year, notching up double-digit growth in both profits and sales.
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Second Opinion: No salvation overseas for Tesco
From Hungary and Poland to the US, the empire faces challenging times, says Jonathan Pritchard
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Soup in a Bun failure was down to Tesco, says TV show winner
Southern Co-op is in talks to stock Soup in a Bun after the TV show-winning innovation was delisted by Tesco.
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Asda online sales up 60% as web delivers 35% growth to £3bn
Shoppers spent an extra £1bn on online groceries in the past year, new research seen exclusively by The Grocer reveals. Online sales of groceries at Tesco, Asda, Sainsbury's and Ocado increased 35% to £2.9bn [TNS 52w/e 22 March 2009] to account for...
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Tesco rations bottled water sales in NI
Tesco has seen an upsurge in its bottled water sales in Northern Ireland, following a warning that households in parts of the country could be exposed to contaminated water.
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Tesco set to open discount stores
Tesco is set to trial a discount store format as its obsession with the discounters continues, The Grocer can exclusively reveal.A source close to the retailer claimed it was working on a discount store format of about 15,000 sq ft. The...
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Tesco aims to fill gaps with PoS label alerts
Tesco is trialling a new system to improve availability on its key products at peak trading times.
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One Stop (not Tesco) offers £5 meal deal
Tesco has launched a family meal deal in its c-store chain One Stop but is yet to run such offers in Tesco stores themselves. The ‘£5 family breakfast’ promotion, which runs until 28 April, includes a pack of eight Richmond sausages, a box of six...
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Tesco milk price cut brings relief to the dairy industry
Tesco is in dairy farmers' good books after dropping the price it pays for milk by just 1ppl. But what are the wider implications, asks Michael Barker
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Tesco in £400k push to save water
Tesco is working on an efficiency project with Yorkshire Water to reduce the amount of water used in hundreds of stores to improve its carbon footprint and save costs.
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Workers claim Tesco is not replacing staff
Outraged staff in some Tesco stores say the company is cutting costs by not replacing workers when they leave – despite the retailer’s claim that it will create 10,000 jobs this year.Staff levels have been falling since late last year,...
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Tesco says shoppers need to be taught how carbon scores work
Tesco will put carbon footprint labels on more products if it can overcome consumer confusion over carbon scores.
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Local produce sales up 30%, claims Tesco
Sales of local food have risen 30% in its stores in the past year, says Tesco. "There are hundreds of examples of local produce doing brilliantly well," said Tesco legal and corporate affairs director Lucy Neville-Rolfe. "Customers want to...