Tesco - Latest News and Analysis – Page 242
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New engineers to review Gerrards Cross project
Speculation is rife that Tesco could be planning to ditch the development of its ill-fated store at Gerrards Cross. It has axed the Jackson Civil Engineering team that was originally employed on the project, where the railway tunnel at the...
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Mason’s UK marketing work passed to Brasher
Following weeks of speculation, Tesco has confirmed that its commercial and trading director Richard Brasher will succeed Tim Mason as the retailer’s director of UK marketing.Analysts put Brasher’s name straight to the top of a list of possible...
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Fryett takes on Mason property role at Tesco
Tesco has started to share out the responsibilities of its marketing and property director Tim Mason, who is moving to the US next year to head the retailer’s convenience store business venture.It has appointed Tesco Ireland’s chief executive...
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Organic pineapples debut in UK supermarket
Whole organic pineapples are now being sold at Tesco in a first for a UK supermarket.The pineapples come from the south of Togo, where they are grown in areas from the mountains to the coastal plains by family growers, each managing a small...
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Bonus from St Merryn
A bonus-based contract for UK beef producers has been unveiled by processor St Merryn Foods, supplier of beef to Tesco.Producers who signed up would be assured a market for their beef by St Merryn with a guaranteed price premium of up to...
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Guinness plugs homely draught
Ultrasonic gadgetry is Diageo’s latest tactic to help consumers enjoy the iconic black and white pint of Guinness at home. The plug-in Guinness Surger, which will initially be launched in 130 Tesco Extra stores on Monday (February 27), has been...
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Winners in the buying game
Fiona McLelland rounds up the 12 star buyers from The Grocer’s Six of the Best series over the past yearBefore becoming Tesco’s crisps, nuts and snacks buyer, Allan Maxsted worked in sales on the supply side. He too understands the...
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Sub brand for Tesco non food
Tesco has created a new non food sub brand as part of its drive to boost sales. The activity comes as Tesco this week presented information to analysts on the health of its non food business. One analyst said the ranges he’d been shown at the...
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Badger looks to expand the bottled ale zone
Badger Ales is adding to its range this year as part of the company’s plans to double the size of the bottled ale market. Brewer Hall & Woodhouse will be launching England’s Gold in Tesco in May. The golden ale won Tesco’s Beer Challenge...
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Supermarkets may host GPs
Tesco, Morrisons and Sainsbury are all considering whether to open GP centres in their stores under new plans put forward by the government.Earlier this month, the government revealed that it was keen to open GP surgeries in supermarkets in a...
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Stars in his eyes
Can Tesco swing it in California? Or will its secretive, costly entry into the US ultimately prove damaging, asks Siân HarringtonTesco’s admission last week that is to move into the US market via a convenience offer in California...
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Analysts tip Brasher to succeed Mason in UK
Tesco trading and commercial director Richard Brasher is being tipped to succeed Tim Mason as marketing and property director.Analysts have put Brasher’s name at the top of a list of possible candidates when Mason moves to the US to run Tesco’s...
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Share buyback rumours fuel Tesco
Shares in Tesco increased 3.5% to finish at 321.75p amid rumours that the retail giant could be planning to return cash to shareholders this year.Swiss broker UBS said that Tesco had a “store of hidden value” and estimated that the its...
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A store too many
Tesco is facing an outraged community in Inverness over plans to build a fourth store.Residents in the Scottish ‘Tesco Town’ have clubbed together to launch an anti-Tesco website in order to add names to a 1,000-strong petition.The...
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Tesco kicks offStateside
Tesco this week confirmed it was moving into the US market despite months of denials to The Grocer, which revealed in May last year that a team of top executives was seeking opportunities across the pond.The UK’s largest retailer is to develop...
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We’re in colour, boasts JS
Retailers have cautiously greeted manufacturers’ moves to forge ahead with front-of-pack labelling featuring Guideline Daily Amounts.Although Tesco, on whose labelling scheme the suppliers are believed to have based their own initiative,...
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Tesco to enter US market
Tesco is to take on its US rival Wal-Mart in its own back yard by entering the US market in 2007.After months of speculation as to whether Tesco would set up shop in the country, the retailer revealed this morning that it is entering the US...
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Tesco English Gala drive hailed
Tesco was praised this week by English apple producers for a successful drive to sell more home-grown Gala apples.English Apples and Pears chief executive Adrian Barlow said that the retailer was commanding 44% of retail sales of English Gala...
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Own goal for Costcutter
Costcutter franchisee Artgoal Supermarkets has sold four of its stores to Tesco’s One Stop c-store chain, The Grocer has learned.The Warwickshire-based retailer’s move flies in the face of Costcutter’s declared intention to fight against the...