Tesco - Latest News and Analysis – Page 205
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NewsGrocer 33: Price Survey - week of 23 August 2008
After being kept from the top spot for the past two weeks by Tesco, Asda struck back and regained its status as the cheapest retailer following several significant price cuts. Beating its nearest rival by £2.01, and third-placed Morrisons by £2.37,...
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Aldi celebrates 19.8% growth by joining BRC
Aldi has joined the British Retail Consortium, as new figures confirm the growing success of discounters. The German discounter joined the likes of Tesco, Asda and Sainsbury’s while celebrating 19.8% sales growth in the past year, and a record 3%...
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Saturday Essay: How Tesco is addressing the issue of food waste
Supermarkets came under fire this week for not doing enough to cut down on waste. Nothing could be further from the truth
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Tesco’s low-cost milk sparks price war fears
Tesco has risked the wrath of dairy farmers by launching a new range of low-priced semi-skimmed milk. Fresh’n’Lo, which was the UK’s first branded semi-skimmed milk and has been a fixture in Scottish supermarkets for 30 years, was rolled out into...
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Tesco wholesale ruled out for British market
Tesco wholesale ruled out for British market: Tesco has ruled out a move into UK wholesale after it announced the launch of a C&C business in India, marking the next phase of its international expansion. International director Philip Clarke, who will oversee the new Indian operation, said there...
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A £5 family meal is no big deal, claims Tesco
Tesco sought this week to undermine Sainsbury’s ‘Feed your family for a fiver’ meal deal claiming it could feed a family of four for less than a fiver a day – covering all three meals. In a bid to underscore its low-price credentials, Tesco said...
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Price Survey: Week of 16 August 2008
Competition for the title of cheapest retailer was as fierce as ever this week, but Tesco kept Morrisons at bay again to claim top spot for a second week running. The race could not have been much closer as Tesco beat its nearest rival to the post...
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Price Survey
The battle for the title of cheapest retailer was frighteningly close this week, with just 84p separating the first and the fourth-place retailer, but after two weeks as the cheapest, Asda has been knocked off the top spot by Tesco. Asda was...
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Lidl and Tesco hiss and spit over ‘Trash Savers’
Tesco’s low-price offensive against discounters in the Irish Republic has turned nasty, with it and Lidl trading blows in public over product quality. Cash Savers, Tesco’s new amber and black, low price proposition, was launched with a media...
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Tesco spices up herb range
Tesco is launching a new own-label range of herb and spice blends to tap into growing consumer enthusiasm for cooking at home. The six-strong range, which includes flavours such as Aromatic Coriander and Delicate Basil, is supplied by Kent-based...
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Saturday essay: Tesco has chosen perfect time to get into banking
British banks have lost the public’s respect over the past year. Could Tesco give the sector the shake-up it so desperately needs? Bankers are disgusting. Actually, no, they are nice people who have recently behaved in disgusting ways. But their...
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Tesco targets ex-military as new recruits
Tesco has launched a scheme to recruit ex-military personnel and help them adjust to life on Civvy Street. So far, more than 30 ex-Army, Royal Navy and RAF personnel of all ranks have joined Tesco in a variety of roles under the scheme, which was...
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Tesco meets discounter threat with new range
Tesco has launched a major assault on discounters in the Republic of Ireland with the introduction of a bold amber and black Cash Savers fixture, and is set to launch a similar scheme this October in the UK. The range includes 1,000 “everyday” items...
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Tesco ambitious to become full-scale banking operation
Tesco has set out plans to launch a full retail bank, offering current accounts and bank branches in store. Tesco has paid £950m to buy the Royal Bank of Scotland’s 50% stake in Tesco Personal Finance on Monday. It will allow Tesco to widen its...
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Supermarkets plunge down Superbrands list
The UK’s leading supermarkets are plummeting in shopper estimations as media criticism intensifies and consumer concern over their ethical and environmental stances mounts. Tesco has slumped more than 200 places in the latest Superbrands list of the...
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Trouble brews as Tesco tea giveaway draws industry ire
The tea industry has slammed Tesco’s decision to give away packs of Tetley tea as a “marketing stunt”. Tesco described the promotion at 252 of its stores this week as a bid to boost tea sales, which lag behind those of coffee. According to Nielsen...
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Tesco gets on the board
After six weeks out in the cold, Tesco has finally pulled a winning performance out of the hat. The staff at the recently redesigned Falkirk store in Scotland really know how to impress
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Tesco chooses straw to fuel biomass plant
Tesco has found an unlikely eco-friendly source of energy to power its Goole distribution centre – straw. The retailer has been given the go-ahead to build Britain’s first straw-fuelled biomass power plant to meet the centre’s energy needs. The...
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Asda could be used as a pawn to get back at Tesco for daring to pitch up in Wal-Mart’s backyard
This week (20th July 2008) saw the first signs that crude oil and commodity prices – the conditions responsible for the rampant food price inflation we have – are abating. And not before time. As a number of expert commentators have observed, the balance between...