Tesco news and analysis – Page 238
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Tesco starts 2008 with a bang - Q&A and Availability
Maintaining well-stocked shelves between Christmas and New Year has proved a challenge for retailers, but Tesco's Sale branch in Greater Manchester provided a full basket to win the first Top Store award of 2008. The 50,000 sq ft town centre store...
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Price Survey - 5th January 2008
Asda has started the new year with its grip on the title of Britain's cheapest retailer showing no sign of weakening in what has been a quiet week for price changes. Although Morrisons and Tesco matched 26 and 27 of Asda's prices respectively, Asda...
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Tesco tops the big Xmas ad spenders
Tesco was the biggest spender on advertising in grocery retailing over the Christmas period, The Grocer can reveal. The UK's largest retailer ploughed £18.6m in festive advertising, pipping Morrisons which spent £18.29m, according to...
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Dieting and health get separate Tesco ranges
Tesco is launching a new diet sub-brand this week in the first strike by one of the major supermarkets to win over the new year healthy pound. The unveiling of the 250-strong Light Choices range comes as Tesco relaunches its Healthy...
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Price Survey - 15th December 2007
Asda remains the cheapest retailer in the run up to Christmas - but Tesco put up a strong fight, consigning Morrisons, the usual runner up, to third place. Asda's £41.79 basket, which was just 35p cheaper than Tesco's, boasted seven of the cheapest...
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What the papers said - 15th December 2007
Tesco has complained to the OFT about property website Rightmove for refusing to list its properties. Tesco launched its home-selling service, Tescopropertymarket.com, in June in an attempt to undercut estate agents but has struggled to crack the...
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Tesco third-cheapest retailer behind Asda and Morrisons
Morrisons has beaten Tesco on price to become Britain's second-cheapest supermarket behind Asda over the past six months.While Asda's average weekly basket came out cheapest at £44.51, the half-year review of The Grocer 33 shows...
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Six-month price, service & availability review
Asda's low prices have dominated The Grocer 33 for the past six months but it's Morrisons not Tesco that is challenging it, however, to be Britain's cheapest retailer. In the first half of 2007, Tesco came closest to stopping Asda's run...
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Tesco bids for Czech chain
Tesco is bidding to become the largest grocery retailer in the Czech Republic after putting in a €200m (£144m) bid for the Plus discount chain, according to reports.Czech daily newspaper Mladá Fronta Dnes said Tesco had put in the...
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Morrisons recruits own label execs
Morrisons has poached two senior executives from Asda and Tesco to spearhead a product development drive to transform own label.It has appointed head of Asda brand product Simon Mitchell and Tesco's Central European product development...
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Sir Terry proves he's no beach bum
If the thought of Sir Terry Leahy in tight shorts floats your boat, read on.Bogof hears that when the Tesco boss jetted out to the States in the summer to check the progress of its corner shop empire, he stripped off for a game of...
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Fresh & Easy prices compare favourably with US big boys
Tesco's Fresh & Easy US convenience chain is proving it can compete on price with the US big boys. Despite the average Fresh & Easy store being just 10,000 sq ft, a survey by The Grocer revealed that more than half the products in a 10-item...
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In Brief: Tesco deal passed; Carluccio's on a roll; Honey helps coughs
Tesco deal passed The OFT has cleared the acquisition by Tesco of five former Somerfield stores in Thurso, Bedlington, Little Lever, Ramsbottom and North Hykeham. Carluccio's on a roll Italian restaurant and deli chain Carluccio's recorded a 66%...
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The Tesco US empire starts to take shape out West
In the ultimate show of faith, it wasn't until this week - a month after the first Fresh & Easy Neighborhood Market stores opened - that Sir Terry Leahy flew out to inspect them. Sir Terry believes the franchise, led by CEO Tim Mason, the...
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OFT clears Tesco's acquisition of five Somerfield stores
The OFT has cleared the acquisition by Tesco of five former Somerfield stores.The competition watchdog said it had decided not to refer the merger to the Competition Commission based on the information currently available to it.The...
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Tesco opens Fresh & Easy factory
Tesco has built an 80,000 sq ft ready meals factory in Los Angeles to supply its new Fresh & Easy stores, according to The Financial Times.It is the first time the retailer has manufactured the food it sells.Forty per cent of the...
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Tesco worth €2.5bn to the Irish economy
Tesco is worth almost €2.5bn to the Republic of Ireland's economy and is a bigger buyer of Irish food and drink than France, Germany or the US, according to new data.The figure is contained in a report by economic consultants Indecon,...
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opinion - "Tesco is so over Slough. These friendly bombs matter not a jot versus its assault on the US market"
Competition inquiries are like buses. This week saw the termination of the Tesco Slough case, Arla co-operating in the alleged milk price-fixing case, and last orders called by the Competition Commission in the big groceries inquiry. For the trade,...
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Mason vows 'brutal' cost controls as Fresh&Easy takes keen price position
Tesco has told City analysts its Fresh & Easy operation will be taking a "brutal" approach to cost control as it seeks to compete with traditional grocers in the US.The business has been designed to be low cost to support Fresh & Easy's...
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Localchoice must get more local says Tesco
Localchoice milk has to become even more local if it is to hit performance targets, Tesco has told The Grocer.The retailer admitted it had "work to do" on the regional milk brand after receiving several complaints from the public about...