Tesco news and analysis – Page 217
-
NewsTesco treads water with flat sales in first quarter
Falling food inflation meant like-for-like sales at Tesco were almost flat in the first quarter of the new financial year.
-
News
Tesco's Holmes quits a day after Leahy bows out
Tesco's commercial director for fresh foods Colin Holmes has become the first senior executive to quit the retailer in the wake of Sir Terry Leahy's decision to retire next March and the appointment of Philip Clarke as his successor.
-
News
Waitrose’s Hodgson is lured to Morrisons job
The grocery merry-go-round was spinning faster than ever this week. Hot on the heels of Sir Terry Leahy announcing his retirement from Tesco, Morrisons announced it had poached Waitrose commercial director Richard Hodgson.At Waitrose,...
-
NewsClarke to take Tesco reins as Sir Terry sets departure date
Philip Clarke has been named as the next chief executive of Tesco, after Sir Terry Leahy announced his retirement following 14 years at the helm.
-
News
Tesco delivers £8.8m duty blow on promos
Tesco has called on brewers to foot the bill for the cost of all duty hikes for beers on promotion in the 16 weeks following the government's 22 June emergency budget.
-
News
Danepak makes its debut in sausages
Danepak has extended its reach from bacon and fresh pork cuts into sausages for the first time.Two lines traditional pork and pork and bacon have gone into Tesco, The Co-operative and Somerfield (rsp: £3 for a 475g pack of 10).
-
News
Focus On Scotland: Retailer landscape
While Tesco currently has the lion's share of the grocery market north of the border (accounting for 31% of the food market according to CACI figures for 2009), it faces stiff competition from rivals.
-
NewsTesco share scheme pays staff £105m
More than 216,000 Tesco staff will share in a bonus pot worth £105m as a result of the supermarket’s biggest-ever Shares In Success scheme.
-
News
Grocer 33: Tesco puts in a Stirling performance
Tesco came out top this week as the only store with no items out of stock. The Stirling store was very clean and there were no gaps on the shelves. Staff were helpful and polite, leading our shopper to the item he asked for help to find. The store...
-
News
Tesco sells Stella Artois for 6ppl below its cost
The day after Sir Terry Leahy announced his support for a ban on below-cost alcohol, Tesco was the consumer's best bet for cut-rate booze with four of the five cheapest supermarket beer deals, research for The Grocer can reveal.
-
News
Asda’s Old World wines ahead of rival retailers
Old World wines are "fighting back" in Asda, where sales are beating those of the retailer's rivals.In the past four weeks, like-for-like sales of French wine at Asda have grown 47% ahead of those at Tesco, Sainsbury's, Morrisons,...
-
News
Careers File: Minimum alcohol pricing, no national insurance rise... it's all change in business
Sir Terry Leahy, The Grocer's retailer power player, is off the starting blocks before anyone else yet again. Just a day after the...
-
News
Argentina’s Quilmes is set for World Cup
Quilmes beer has won national listings with Tesco its first major foray into the multiples.The 4.9% abv Argen-tinian lager will be in 412 Tescos nationwide (rsp: £3.29 for 970ml). Importer Morgenrot said it expected the beer, which has...
-
NewsEditor's Comment: Curb promotions, yes, but a below-cost ban won’t work
The day after Tesco was welcoming moves set out in the Queen's Speech to ban below-cost alcohol promotions, it was selling Stella for 95p a litre. In other words: six pence below the cost of the excise duty and VAT costs it pays out to HMRC.
-
News
Two non-execs to retire from Tesco’s board
Charles Allen and Dr Harald Einsmann are both to retire as non-executive directors of Tesco from the end of this year's agm on Friday 2 July. The process of recruiting replacements is under way and the company expects to announce new...
-
News
P&G makes Pringles flavours just for Tesco
Procter & Gamble has created a customised range of Pringles exclusively for Tesco the first time the fmcg giant has tailored a range for a multiple retailer.
The Great British Flavours range of Pringles, available now, was developed through a… -
News
Editor's Comment: Economic uncertainty makes life hard for new recruits in our Power List
If power were just about size, Tesco's Sir Terry Leahy would top our Power List regardless, and the big four would follow in rank order.
-
News
Natty hits Tesco with her rarebit
An innovative Welsh rarebit spreads range has won its first multiple listing.
Natty’s Welsh Rarebit makes its major retail debut in 45 Tescos in Wales this month. It comes in four flavours original, leek, chilli and bacon and is… -
News
Own-label triumphs for Tesco and M&S
Own-label wines starred at this year's International Wine Challenge, the event's organisers said.Tesco and Marks & Spencer were joint winners, each with 62 own-label wines picking up IWC awards and M&S claiming five gold medals....
-
NewsTesco suppliers angry at coupon destruction
Tesco's new coupon redemption system is effectively "holding a gun to the manufacturer's head", the Institute of Sales Promotion has warned.