Tesco news and analysis – Page 249
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Green label warerupts
Another labelling war looks a step closer after Tesco signalled it would not be adopting the Carbon Trust's new carbon footprint labelling scheme as it stands.As the Trust's label appeared on Walkers cheese and onion crisps for the first...
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Ken must say no to Tesco Purley
Sir; I was horrified to read Tesco is planning to include open space as a sweetener to Ken Livingstone in its application for planning permission to increase the size of its Purley store (The Grocer, 7 April, p6). This conjures up pictures of an...
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Tesco local milk range sparks supplier rows
A row has broken out within Dairy Farmers of Britain over which farmers will get contracts to supply milk for Tesco's new regional range.Some 150 contracts for the Localchoice milk are on offer, each worth 23ppl to farmers paid less than...
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Polish foods boost sales
Britain's appetite for Polish food is driving supermarket sales.Tesco said its sales of Polish foods had increased tenfold since they were introduced five months ago thanks to the influx of migrants following EU...
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Tesco makes bumper profit
Profits at Tesco were up 13.2% to £2.55bn, on group sales up 10.9% to £46.6 billion, it announced today. Group trading profits, which do not include property and exceptional items, were up 11.1% to £2.48bn: a profit margin of 5.3%. In the...
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Bogof's week - 14th April 2007
Tesco Tel reportedly 'stunned' the audience at the World Retail Congress in Barcelona by revealing that the stores he most admired were Aldi, Ikea and Starbucks. Well, what did everyone expect? He was hardly going to plump for Sainsbury and...
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Opinion - "The dark horse in all this is Robert Tchenguiz. Will be bring about his op-cos and prop-cos?"
Though it went closer to the wire than I thought, I always felt the Sainsbury's consortium bid was a non-starter. It would take, say, a £150m price-cutting programme by Tesco to derail Sainsbury's profits, which are only just starting to recover. On...
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Tesco says price hike trumps Asda contract
Tesco said it had overtaken Asda with its decision last week to put all liquid milk suppliers on contracts worth 22p per litre.Trading director Richard Brasher said the retailer would pay farmers a premium of up to 5ppl instead of Asda's...
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Small label - big difference?
It's not often Tesco is beaten at its own game, but its plan to launch a carbon footprint label was trumped last month by a packet of cheese and onion crisps. Walkers crisps will become the first product to carry the new Carbon Trust label,...
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Farmers want the Tesco treatment
Tesco's move to raise milk prices and work directly with dairy farmers looks set to open the floodgates for similar demands from other farming sectors.Livestock farmers are already talking about securing retailers' support by the end of...
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Hilton Food Group eyes flotation
Meat processing and packaging company Hilton Food Group could be planning to list on the stock exchange for up to £110m next month.The firm, which packs half of Tesco's beef and lamb, is planning the flotation to fund expansion, with plans...
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"Tesco's announcement that it would pay farmers up to an extra 5p a litre was a PR masterstroke"
As our Weigh It Up! campaign hit a new high point this week, with a pledge by the Conservative Party to back our calls for a review of the Nutrient Profiling Model, I thought I ought to talk about something else for a change. So let's look at ...
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Tesco clothes supremo rejects M&S approach
Tesco's clothing boss Terry Green has rejected a lucrative job offer with Marks & Spencer. The style guru, who is responsible for the soaring success of the supermarket's fashion business, had been approached by M&S chief executive...
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'Flawed' local definition needs to go, says Tesco - The SSNIP approach
Tesco says that the SSNIP test - which stands for small but significant non-transitory increase in price - should be applied to a wider market than it is at present. Sometimes referred to as the hypothetical monopolist test, SSNIP can be used to ask...
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Tesco gets into park life with Ken as it plans to turn Purley into retail colossus
Tesco is preparing a charm offensive as it bids to build what would be the UK's biggest supermarket. It wants to extend its Purley Extra store in south London from 82,000 sq ft to 139,000 sq ft, and is to begin a series of public...
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'Flawed' local definition needs to go, says Tesco
So just how local is local? This is the question Tesco posed once again this week when it stepped up pressure on the Competition Commission to ditch the market definition it has been using and accept that competition should be measured on a...
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Tesco turns up heat on rivals in planning row
Tesco went on the offensive this week, lashing out at its biggest rivals in its latest submission to the Competition Commission's groceries inquiry. In a thinly veiled attack on Asda, which called for reform of the planning regime in its...
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Tesco questions 'local market'
Tesco will question the Competition Commission's definition of a local grocery market in a submission to the watchdog due to be published later today.In an emerging thinking document published in January, the Competition Commission said its...
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Guess who's ahead of Oxfam for ethics...
Tesco is winning the battle of the big three multiples when it comes to seizing the ethical high ground - and is even considered more ethical than Oxfam - according to a consumer survey. The grocery giant comes in at eighth in a list of...
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Aldi's the chain that really does it for me, Leahy tells astonished audience
Tesco chief executive Sir Terry Leahy has revealed that discounter Aldi is the rival supermarket chain he admires most in the world.The revelation drew gasps of surprise from the 200-strong audience gathered at the inaugural World Retail...