Tesco news and analysis – Page 241
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Hot topic - somehow Tesco is able to appeal simultaneously to ethical and cost-conscious shoppers
Raw material prices are rising fast, and the British farming lobby has done a superb job mobilising consumer and political support. Gordon Brown has instructed retailers not to take advantage of foot and mouth. And, in a move that demonstrates how...
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Price Survey - 25th August 2007
It's just like old times in The Grocer 33 at the moment with Asda extending its run as the cheapest retailer to a third week. Asda provided a £40.68 basket, which was £1.39 cheaper than runner-up Tesco, although the rival retailers had the same...
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Tesco signals end to £2 chicken with price rise
Tesco has responded to widespread criticism of cheap chicken by raising the amount it pays its chicken farmers. It has agreed to pay chicken producers an extra 2p/kg - equivalent to a 4% increase - to help counter rising production costs. The move...
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Dobbies issues profits warning
Dobbies garden centre has issued a profit warning just five days after Tesco gained control of the 21-strong chain.The Scottish gardening group, in which Tesco now has a 53% stake, said rain had hit sales of garden furniture, plants and...
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Tesco increases market share
Tesco has increased its share of the grocery market to 31.8%, despite grocery market growth slowing to 3% in the three months to the end of August.According to TNS data market growth was down from a 6% high in May, due to a slowdown in...
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Tesco and Asda bullying claims investigated
The Competition Commission is investigating claims Tesco and Asda bullied suppliers into cutting their prices to finance their price wars.The Commission has ordered the supermarkets to hand over all internal emails, taped telephone...
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Local food makes its English debut in Tesco Express store
Regional food and drink manufacturers could be in line for a bonanza after Tesco began selling locally sourced products in a convenience store in England for the first time. A new Tesco Express store in Falmouth, Cornwall, is stocking 76...
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Tesco bogof on Magners a fresh blow to Irish firm
Irish drinks group C&C and its embattled Magners brand has been dealt a fresh blow on its own doorstep by Tesco, which has been offering the cider - sold under the brand name Bulmers in the Republic of Ireland - at a knockdown price. In a...
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... as Parfetts muscles in on convenience with Local 4U
Parfetts Cash & Carry has unveiled its long-awaited debut in convenience retailing at a site bought last year to stop Tesco snapping it up. The wholesaler has officially launched the Local 4U concept at the company-owned site in New Mills, near...
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Fight for Dobbies intensifies
Dobbies Garden Centre CEO James Barnes has accused Scottish entrepreneur Sir Tom Hunter of trying to scupper Tesco's takeover of the chain.Dobbies agreed a 1,500p a share offer from Tesco in June but the supermarket is battling to gain...
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spotlight - John Shropshire
Family business G's grows and markets hand-harvested vegetables in Cambridge and Norfolk. Its produce has just won a listing in Tesco. MD John Shropshire outlines plans for further growth For more than 50 years our family has been growing, packing...
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Deep discounting
The Proudfoot Group has cried foul play over Tesco's use of deep discounting to push its Withernsea store out of business, and claims it is not alone. In January Harry Tuffins claimed the retailer was trying to sabotage the opening of its Ludlow...
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Irate Commission tells Tesco to halt work on Slough store
The Competition Commission was reportedly "seething" this week after being forced to stop Tesco developing the site of a former Co-op supermarket in Slough. The store is the subject of a parallel investigation to the main groceries inquiry and this...
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Man arrested for price-fixing hoax
BakeMark UK, the company caught up in a malicious plot to show Tesco and Asda had been price-fixing, has said it will fully co-operate with police inquiries. The hoax was uncovered by a tabloid newspaper after it was approached by a mystery tipster...
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Netto proclaims ambition to be mainstream supermarket
Discounter Netto has revealed plans to reposition itself as a mainstream supermarket. It has introduced a new strapline - 'Everyone's great value supermarket' - in order to align itself with the likes of Tesco and Asda. "Netto is moving away from...
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where did all the women Go?
The lights dim. The drums roll. The chatter drops to an excited whisper. The shortlist for this year's The Grocer Cup is announced: "Tesco's Dame Theresa Leahy, Sainsbury's Justine King and Asda's Andrea Bond. And the winner is..." Then reality...
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What the papers said - 11th August 2007
The News of the World claimed this week it had smashed a conman's £6bn smear campaign against Tesco and Asda. The conman faked emails between senior employees at the supermarkets, which said the two employees were discussing a future rise in bread...
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Tesco extends Dobbies offer
Tesco has extended its recommended cash offer for Dobbies Garden Centre for a second time.The first closing date of the 1,500p a share offer, which Tesco tabled in June, was 18 July but this was extended to 8 August. However, this would now...
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Stores on greener path with new pack formats
The drinks industry is being urged by retailers to do more to reduce its environmental impact. Tesco is asking its suppliers to look at more environmentally friendly packaging, while Sainsbury's and Waitrose have confirmed listings of BWS products...