Tesco - Latest News and Analysis – Page 244
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Tesco urged to police apples
Apple chiefs have called on Tesco to adopt a Sainsbury-style approach to the beginning of this year’s UK apple season.The changeover of stock from imported to home-grown apples has traditionally been a tricky time for the major...
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Tesco in throes of planning row
Tesco is embroiled in a massive greenfield planning row just days after Sir Terry Leahy said it did not build on undeveloped sites.The Grocer has learned that Tesco is pushing through at least three proposals on such sites. Yet, in an...
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Student flats first
Tesco is planning the UK’s biggest mixed-use development with a 100,000 sq ft store and 1,600 flats on a brownfield site in Glasgow.The development is set to be Tesco’s first large scheme to offer student housing, with a 1,300-bed accommodation...
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TESCO TIPPED TO CLEAN UP
No retailer arguably stands to gain more from the repeal of the groceries order than Tesco. The market is waiting with bated breath to see what will happenAnyone who is familiar with Tesco’s progress in the UK will be aware that the...
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Christmas wins for chains
Tesco is expected to defy its rivals next week with another set of strong figures over a festive period in which most of the multiples did well.Shoppers shelled out £2.8bn in supermarkets in the week before Christmas, up 13% on the previous...
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Strike threat in 2006
Officials at the GMB union claim Tesco’s domination of the market has forced other retailers into cost savings that will affect working conditions.And Paul Kenny, acting general secretary of the GMB, added: “The reason we are seeing so much...
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Tesco looks to China
Tesco is interested in expanding its presence in China but has no current plans to enter the US market, chief executive Sir Terry Leahy has revealed.Tesco already operates 50 stores in China, mostly in the Shanghai region, in partnership...
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Global stage for major ambitions
The chiefs of four international giants outline their priorities and plans for growing sales in an ever tougher international climateSir Terry Leahy>>chief executive, TescoThe industry has been through an uncertain...
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Tesco launches own-label cholesterol range
Tesco is launching an own-label cholesterol-lowering range next month.The range will aim to offer a cheaper alternative to rival established cholesterol-lowering brands made by companies such as Unilever, Danone and Coca-Cola.It is...
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Waitrose shines
Waitrose has emerged as the real winner this year, says Julian HuntThe future looks bleak for Unwins as it continues its desperate fight for survival. Rod Addy reportsTesco may have been strongest financial performer in...
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Tesco gets a fistful of complaints
Tesco’s dominance of the market has sparked a big reaction from its critics. But has it amounted to anything, asks Liz HamsonAnd so the situation rumbled on as Tesco pushed ahead with further development and dealt with the tunnel...
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Tesco goes British for Finest bacon, gammon
Tesco is to switch to UK sourcing for all of its Finest bacon and gammon.The retailer said the move would be a boost to struggling British pig farmers. Finest bacon was one of its bestselling premium meat ranges, with volume sales up 58%...
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Tesco splashes out with biggest ad spend in run up to Christmas
Tesco is trouncing rival chains when it comes to dominating TV and press advertising space in the run up to Christmas.It spent £12.5m on TV and press ads between the end of October and last week, with Morrisons the next biggest at £9.5m,...
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Review of the year 2005
It was the year of big government, an ever-bigger Tesco, a bid for Somerfield, and bird flu. The Grocer team flag up the hot storiesYour man of the yearSir Anwar PervezBestway chairman Sir Anwar Pervez was a worthy...
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Glisten acquires Lyme Regis Fine Foods
Confectionery and snack foods group Glisten has acquired Lyme Regis Fine Foods for an undisclosed sum.Lyme Regis Fine Foods is a manufacturer and supplier of organic cereal and fruit bars and organic fruited snacks to Sainsbury, Tesco,...
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Tesco could overtake Spar in convenience
Tesco could overtake Spar in the £44.1bn convenience store sector next year, according to a Verdict report, putting it first in that market as it is in the supermarket sector.The study, entitled Neighbourhood Retailing 2006, claims Tesco’s...
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Deep impact in Carrickfergus
Tesco has recently relocated within Carrickfergus, Northern Ireland, opening a new £16m outlet. The old 25,000 sq ft store in the De Courcy Centre closed on October 24, 2005, and has been replaced by a 50,000 sq ft one with a much improved, wider...
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Basic wage hike sparks warning
Retailers from the small independents right through to Tesco will face a combined £1.1bn in extra costs and lose an estimated 35,000 jobs if next year’s increase in the national minimum wage goes through.The stark warning from the British...
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Asda goes for discount
Asda has revealed an audacious plan to steal a march on Tesco and take on the hard discounters with a new store format that offers 95% own label and 5% branded goods, The Grocer can reveal.The format – which has not yet been branded but...