Tesco news and analysis – Page 203
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NewsTesco 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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NewsThe 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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NewsTesco 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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NewsTesco 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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NewsNew 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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NewsFive 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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Waitrose targeting Tesco rather than Ocado inside M25
Waitrose MD Mark Price claims the retailer's expansion of its online service into London will steal market share from Tesco not Ocado. Describing Ocado as a "business partner", Price said his goal was for Waitrose and Ocado to overtake...
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Tesco baffled as ASA bans sausage advert
Tesco said it was "baffled" by the ASA's decision this week to ban a TV ad for its Butcher's Choice sausages. The watchdog upheld four complaints that challenged whether the ad, showing pigs roaming in a field and walking freely in a...
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NewsRustlers back in Tesco after two-year break
Rustlers burgers will return to Tesco's shelves next month after a two-year break as Kepak Conven-ience Foods ramps up NPD and distribution in a bid to double the size of the business in the next five years. All of Kepak's products were...
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Dobbies aligns structure with parent Tesco
Tesco-owned Dobbies Garden Centre has made changes to its board to "align the company with the Tesco group structure" following the change in registration from plc to limited company this month. Kevin Grace, Tesco UK property director,...
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NewsCan Fairtrade help UK farmers bag a fairer retail deal?
Within weeks of Tesco escalating the milk wars by rolling out its Creamfields brand to whole and semi-skimmed, the Fairtrade Foundation is working on a groundbreaking initiative with British farmers to see whether elements of the Fairtrade model...
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NewsRetailers 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...
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NewsTesco in hot water over pig welfare claims
Tesco has been slammed by the advertising watchdog for misleading shoppers about the conditions in which pigs used for its Butcher's Choice sausages are reared.
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Analysis & FeaturesIs Tesco and Asda’s loss Aldi and Lidl’s gain? It looks like it
After the rollercoaster ride of 2008-2009, Aldi and Lidl are back on form – and this time it’s not about recession chic. James Halliwell reports
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Hughes heads ops at Dobbies Garden Centre
Michael Hughes has been appointed operations director of Tesco-owned Dobbies Garden Centre.
Hughes, who was placed by headhunters Anthony Gregg Partnership, was most recently general manager for central operations at Coles in Australia,… -
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Food Doctor unveils new noodle pot
The Food Doctor is rolling out a new noodle pot snack to Tesco stores this week as the company seeks to attract female shoppers looking for a healthy twist on Pot Noodles. The snackpots (rsp: £1.39) are among 15 Food Doctor lines...
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News
World News: 03/09/2011
JAPAN: Tesco is to pull out of Japan, admitting it "cannot build a sufficiently scalable business". The supermarket said it planned to sell its 129 convenience stores, focused around Tokyo, eight years after launching in the country. Nearly half...
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Comment & Opinion
Tesco finds the market in the gap
Fresh & Easy got off to a sterile start. But now it’s getting its act together, says Dr Clive Black
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NewsMaritime to supply Tesco with garlic
Maritime Food Group has won a new contract to supply own-label conventional garlic to Tesco. The new deal won through a recent annual tender process will see Maritime supply all Tesco stores from 11 September.
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Comment & Opinion
Not so big in Japan
The principle of not losing face is deeply ingrained in Japanese culture. Luckily for Tesco it’s not such a problem for the Brits.