Tesco - Latest News and Analysis – Page 223
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Tesco local milk range sparks supplier rows
A row has broken out within Dairy Farmers of Britain over which farmers will get contracts to supply milk for Tesco's new regional range.Some 150 contracts for the Localchoice milk are on offer, each worth 23ppl to farmers paid less than...
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Ken must say no to Tesco Purley
Sir; I was horrified to read Tesco is planning to include open space as a sweetener to Ken Livingstone in its application for planning permission to increase the size of its Purley store (The Grocer, 7 April, p6). This conjures up pictures of an...
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Green label warerupts
Another labelling war looks a step closer after Tesco signalled it would not be adopting the Carbon Trust's new carbon footprint labelling scheme as it stands.As the Trust's label appeared on Walkers cheese and onion crisps for the first...
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US venture 'on course' as start-up costs treble
Tesco insists it is on track to launch its US venture later this year - even though estimated start-up costs have trebled and progress has been dogged by planning delays.Tesco is to begin recruiting and training for its Fresh & Easy...
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Organic sales boost puts heat on growers
Organic vegetable growers say they are struggling to keep up with surging demand since Tesco started selling organic alongside conventional produce.Sales have soared since Tesco integrated its organic and conventional produce fixtures,...
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Relaunched site is badly furnished
Tesco Direct is suffering serious availability problems, with nearly a quarter of its furniture out of stock just one month after the service was relaunched with thousands more products.The supermarket's full non-food home delivery...
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Tesco top for community spirit - Q&A and Availability
The relationship between Manchester's Burnage branch of Tesco and its local residents has been a regular source of controversy for local papers, but its family values have helped it win this week's Top Store award. The 55,000 sq ft store opened in...
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Opinion - "Why is Sainsbury's under pressure to return money to its shareholders while Tesco's appear happy?"
Not bad, the Tesco results, were they? A quick back-of-an-envelope calculation tells me that Tesco's £2.55bn profits in 2006 were almost 10 times the £267m reported by Sainsbury's last year. In fact, at £520m, the increase in Tesco's profits on 2006...
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Price Survey - 21st April 2007
Asda's low-priced fresh fruit has helped the store become the cheapest retailer for the tenth consecutive week. The £52.95 basket contained pears that were 28p cheaper than its nearest rivals - Sainsbury's and Tesco - and bananas that were 15p less...
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Polish foods boost sales
Britain's appetite for Polish food is driving supermarket sales.Tesco said its sales of Polish foods had increased tenfold since they were introduced five months ago thanks to the influx of migrants following EU...
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Tesco makes bumper profit
Profits at Tesco were up 13.2% to £2.55bn, on group sales up 10.9% to £46.6 billion, it announced today. Group trading profits, which do not include property and exceptional items, were up 11.1% to £2.48bn: a profit margin of 5.3%. In the...
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Farmers want the Tesco treatment
Tesco's move to raise milk prices and work directly with dairy farmers looks set to open the floodgates for similar demands from other farming sectors.Livestock farmers are already talking about securing retailers' support by the end of...
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Small label - big difference?
It's not often Tesco is beaten at its own game, but its plan to launch a carbon footprint label was trumped last month by a packet of cheese and onion crisps. Walkers crisps will become the first product to carry the new Carbon Trust label,...
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Tesco says price hike trumps Asda contract
Tesco said it had overtaken Asda with its decision last week to put all liquid milk suppliers on contracts worth 22p per litre.Trading director Richard Brasher said the retailer would pay farmers a premium of up to 5ppl instead of Asda's...
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Opinion - "The dark horse in all this is Robert Tchenguiz. Will be bring about his op-cos and prop-cos?"
Though it went closer to the wire than I thought, I always felt the Sainsbury's consortium bid was a non-starter. It would take, say, a £150m price-cutting programme by Tesco to derail Sainsbury's profits, which are only just starting to recover. On...
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Bogof's week - 14th April 2007
Tesco Tel reportedly 'stunned' the audience at the World Retail Congress in Barcelona by revealing that the stores he most admired were Aldi, Ikea and Starbucks. Well, what did everyone expect? He was hardly going to plump for Sainsbury and...
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Hilton Food Group eyes flotation
Meat processing and packaging company Hilton Food Group could be planning to list on the stock exchange for up to £110m next month.The firm, which packs half of Tesco's beef and lamb, is planning the flotation to fund expansion, with plans...
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Tesco turns up heat on rivals in planning row
Tesco went on the offensive this week, lashing out at its biggest rivals in its latest submission to the Competition Commission's groceries inquiry. In a thinly veiled attack on Asda, which called for reform of the planning regime in its...
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'Flawed' local definition needs to go, says Tesco
So just how local is local? This is the question Tesco posed once again this week when it stepped up pressure on the Competition Commission to ditch the market definition it has been using and accept that competition should be measured on a...
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Tesco gets into park life with Ken as it plans to turn Purley into retail colossus
Tesco is preparing a charm offensive as it bids to build what would be the UK's biggest supermarket. It wants to extend its Purley Extra store in south London from 82,000 sq ft to 139,000 sq ft, and is to begin a series of public...