Tesco news and analysis – Page 238
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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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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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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...
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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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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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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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Commission orders Tesco to sell store
The Competition Commission will force Tesco to sell a controversial former Co-op store in Slough after concluding it had reduced competition in the area.Tesco also owns a 100,000sq ft superstore in the area, which is less than a mile away...
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M&S has the most respect
Marks & Spencer is the most highly regarded company in the UK, according to a survey of nearly 2,000 consumers by the CBI.The retailer topped the list, gaining twice as many mentions as second-placed John Lewis Partnership. Tesco and...
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Express opens in Sir Terry's village
Sir Terry Leahy now has a Tesco store on his doorstep, after an Express in Cuffley, Hertfordshire, opened controversially this week.The retailer got permission in August to convert a former Harvester pub in Sir Terry's home village to...
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Tesco trialling organic rosé veal in 10 stores
Tesco is courting controversy by launching an organic British veal line in a bid to capitalise on growing demand from shoppers for speciality products.Despite ongoing criticism by animal rights campaigners of the use of calves for veal,...
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Commission: Tesco sale has not set a precedent
The Competition Commission has said the forced sell-off of a Tesco-owned supermarket this week did not make it more likely that the groceries inquiry would result in a large-scale divestment of stores.On Wednesday, the commission ruled...
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Tesco Values
Anyone who walks into a Tesco in Shanghai will be confronted by huge Tesco Value range posters. Tesco believes it can build brand awareness through own label and offer safety assurances. Over the past year it has ramped up its offer, which is...
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Tesco welfare focus on dedicated farms
Tesco has completed its much-hyped switch to dedicated dairy farms to cover fresh milk requirements, and is now planning to improve animal welfare.
The final piece in the jigsaw was the recruitment of farmers in the West Country by key… -
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'Best is yet to come' as Tesco rolls out Fresh & Easy in US
Tesco may have opened its 11th Fresh & Easy Neighbourhood Market store this week, but "you ain't seen nothing yet", according to the chief designer of the US venture.After last week's grand entry into California, Tesco has opened five...
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Asda credit card used as loyalty tool
Asda is hoping to emulate the success of Tesco's Clubcard by using the data from its credit card to generate targeted direct marketing.Since the Asda credit card was launched in 2004, it has only been used to reward customers with a...
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What the papers said - 17th November 2007
Supermarkets sell beer at a lower price than bottled water and risk fuelling the binge-drinking crisis, according to the Telegraph. The paper said that Tesco, Sainsbury's and Asda were selling lager at 22p a can, significantly less per pint than...
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Price Survey - 17th November 2007
Sainsbury's was a challenger for the cheapest retailer title this week, but its price cuts were still not enough to stop Asda securing its seventh victory in a row with a £38.74 basket. Tesco and Morrisons have been tussling for the second-cheapest...
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Tesco relies on direct mail to market Fresh & Easy stores
As Tesco opened the first six Fresh & Easy Neighbourhood Stores across California, it revealed that it would be relying on direct mailing to spread the word to consumers about its Stateside venture. There had been no traditional...
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Mulled cider first for Tesco
Tesco and cider producer Aspall have joined forces to launch a mulled cider to tempt winter drinkers. The drink is a lower abv alternative to traditional mulled wine and offers cider drinkers a new take on the category, says the...