Tesco news and analysis – Page 223
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Geoff Burch Talks Shop: The suburban shop
Even though The Convenience Store, on the outskirts of Birmingham, has to compete with a Tesco down the road, a new Aldi in the area and a Londis a mere 60 feet away, business continues to tick over. But is it enough just to be convenient? Our retail expert Geoff ...
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Irish suppliers bite back against Tesco
Irish suppliers are reportedly planning to vent their anger at Tesco's move to source more products from the UK by offering local retailers improved buying terms. The Irish Independent cited retail sources as saying that the suppliers are keen to offer Dunnes Stores and other operators ammunition to fight Tesco with lower prices...
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NewsTesco cuts prices in Irish stores to curb cross-border shopping
Tesco Ireland has slashed prices in its 11 stores along the border in the Republic in a bid to stem the tide of cross-border shopping in Northern Ireland. Tesco closed all its border stores on Saturday evening, refurbished them over the...
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Tesco targets a million new Clubcard members
Tesco expects to add one million new Clubcard members into the fold as a result of the £150m revamp of its loyalty card scheme.
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NewsTesco slashes Irish prices to stem euro exodus
Tesco Ireland has slashed prices by almost a quarter at a clutch of stores to stem the flow of cross-border shoppers seeking bargains in Northern Ireland due to the strength of the euro.
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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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NewsEditor'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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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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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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Supermarkets turn up the heat on their careworn suppliers
In the same week Tesco racked up record profits of £3.1bn, it emerged that the retailer was calling in suppliers to demand cost price reductions of up to 3%. Suppliers told The Grocer they were called in and told by buyers there was a "new...
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Tesco makes plans to grow clothing range
Tesco looks set to extend its Florence & Fred clothing range into sportswear, after trademarking 'F&F Active' and a new logo.Two further extensions also appear likely after 'F&F limited edition' and 'F&F Blue Collection' were also...
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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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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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NewsTen 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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NewsTesco 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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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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NewsSoup 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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NewsSecond 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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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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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...