Tesco - Latest News and Analysis – Page 232
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Letter of the week:
While Tesco's awesome interim results may have been welcomed by financial institutions, a recent poll conducted by the Yorkshire Post found that 75% of respondents believed that the supermarket's dominance in the UK was limiting consumer...
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Southall and Truro take over as the leading Tesco towns
Inverness is no longer 'Tesco-town' - and has in fact fallen to fourth in the ranking of places most dominated by the UK's biggest retailer. Although Tesco's market share in the Scottish town has risen from 51% to 52% in the past year,...
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Suppliers told to listen to consumers
Tesco told suppliers this week that it plans to be more open with them and advised them to listen to consumers. Commercial and trading director Richard Brasher said health was now key to Tesco. This was where front-of-pack labelling was...
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Price competition is yesterday's war
Another trading statement from one of the majors, another report that inflation is back in the system. J Sainsbury announced that through July, August and September, deflation of 0.9% became inflation of 1%, hot on the heels of Tesco's remarks...
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Tesco rumoured to be eyeing Algarve
Tesco has refused to comment on speculation it is scouting out the Algarve as part of its international expansion plans. The rumours emerged after an ex-pat newspaper in the region claimed Tesco had earmarked 17 sites in the Algarve for...
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'Buying power leads to better prices? I don't buy that argument' says King
Justin King insisted this week that Sainsbury's would remain competitive, despite a prediction that Tesco's growing buyer power would allow it to open a big price gap with its rival.Analysts at Citigate said it had calculated that...
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Esselunga denies Tesco talks
Italian supermarket group Esselunga has rubbished reports that it is in talks with Tesco over a possible takeover.Reports in the Italian press had suggested that Tesco was in talks to either buy or form a partnership with...
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Tesco dominates postcode areas
Tesco controls the grocery market in 67% of UK postcode areas, research has revealed.Data from retail consultancy CACI found that Tesco is the dominant supermarket in 81 of the 121 UK postcodes. It added that Tesco's local share was...
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Price Survey
Asda has picked up where it left off, posting the lowest total in The Grocer 33 price survey again. It was the second victory in a row for Asda, which had a five-week winning streak broken up by Tesco a fortnight ago. Asda's bill for the...
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Independents lash out over Tesco's small store optimism
A claim by Tesco that the number of convenience retailers is on the up has angered the small store sector, where store numbers have slumped 1.1% year-on-year, according to IGD - including a 3.6% drop among non-affiliated...
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The little guys take on tesco
Our hand was forced. It was nothing personal. But they behaved so badly, we either got into line, accepted it and took a beating, or we stood up to them to make the point that they shouldn't be able to get away with things like this."...
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Irish deny rethink over out-of-town
Irish planning authorities have denied that there is a change of policy on out-of-town retail developments, following another rebuff to market leader Tesco. The latest rejection torpedoed a proposed new food store, petrol station and...
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Northern Foods comes out in favour of GDA labelling
Northern Foods is to nail its colours to the Guideline Daily Amounts mast. In an exclusive interview, CEO Pat O'Driscoll said the company believed GDAs, originally developed by Tesco, represented the best way for manufacturers to...
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Climbing the ladder
What was the best decision you have made in your career and why? Leaving Tesco - it felt like leaving a big family, and it was a fantastic training ground, but since I left I have not looked back. I joined Uniq just as the UK business was being...
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West Country scheme to make beef more tender
One of the West Country's major beef suppliers is working with farmers to produce beef that is more tender. The Better Beef Scheme has just put the first of the meat on Tesco shelves after being launched last year. It is expected to begin...
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Mason appeals to the empty nesters
It has taken Paul Mason a little more than six months as chief executive of Somerfield to be able to sit down and reveal to the press his master plan for the "confused business that was trying to be Tesco rather than itself". As part of...
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This week a year ago the winner was...
The Tesco on Hurst Road in West Molesey, London, won our Top Store award this time last year for its superb customer service. At the time, store manager Kevin Reilly said the experience of opening the five-month-old store had been hard,...
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"Today's commercials feature Feta cheese and jingles about Omega-3. That's got to be a good thing, hasn't it?
A baptism of fire. That's one way to describe my first week on The Grocer. On GMTV (twice actually) to talk about Tesco's results. Meeting and greeting at the Gramias on Wednesday night, while celebrating the best in food and drinks...
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Tesco is blastedby Price
Waitrose chief Mark Price launched a scathing attack on Britain's biggest retailer this week, calling on the Competition Commission to prevent the UK turning into "Tesco Land".Managing director Price was speaking on the eve of the...
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Top-Up shop
Who we visitedWelcome co-op, Cooden Sea Road, Bexhill on Sea, East Sussexesso on the run, Hampton Court, Surreymace, Newton Park, Four Winds, Belfastspar Crawley Avenue, Crawley, West Sussextesco express,...