Tesco - Latest News and Analysis – Page 253
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GQ editor backs Tesco
Dylan Jones, editor of GQ, has defended Tesco’s decision to reposition men’s magazines away from family titles, saying some of the publications were “tantamount to pornography”.Jones, who is also chairman of the British Society of Magazine...
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Tesco advertising head retires with high praise
Tesco’s head of advertising, Robin Gray, is retiring after working with the supermarket for 32 years.Brand marketing manager Paula Withell, who has been with Tesco for two years, has been promoted to the position of head of advertising....
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Tesco warehouse to close
A Tesco warehouse in Kent is to close later this year with the loss of 400 jobs.The warehouse, in Strood, will close in September and its operations will be moved to Tesco’s Thurrock warehouse in Essex over 20 miles away.Tesco said...
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Channel Islands invitation
The Channel Islands are poised to become a battleground between major mainland retailers including Tesco and Carrefour as politicians there invite them to bid for sites.The Grocer has learned there are at least three sites up for grabs that...
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Consumer Feedback
>>respondents confused as to what to expectOnly recently has a wider range of prepared new low-carb food lines appeared, including 40 lines launched by Tesco covering a wide spectrum of fresh and prepared categories at everyday...
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A battle looms for Cherokee
Tesco may face stiff competition from other retailing giants and private equity firms in a bidding war for up-for-sale clothing brand Cherokee.The supermarket has exclusive UK distribution rights from brand owner The Cherokee Group, but other...
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Online war: Asda doubles up
Asda has launched a fresh attack on Tesco’s online market share with the announcement that it is to double the delivery coverage of asda.com.By the end of the year Asda’s online service will cover 60% of the UK, compared with 30% in autumn...
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Tesco non-food sales overtake M&S
Marks and Spencer has been dealt a blow ahead of its full-year results tomorrow with news that Tesco has overtaken the retailer in sales of non-food products.A survey conducted by retail consultancy Verdict Research found that Tesco sold...
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In Profile: Stephen Shields, store manager, United Wholesale (Scotland)
Running the floor of a busy cash and carry is a demanding job, but one that Stephen Shields says he loves. Shields left Tesco as a deputy store manager to work at...
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Asda puts small stores at heart of growth plan
Asda is to put small food stores at the centre of its growth plan in an effort to rebuild sales as the leadership gap between Tesco widens.Huw Edwards, the former central merchandising director appointed director of small store formats in...
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Reshuffle at top of Tesco
The departure of Tesco’s former trading director Colin Smith to the US, thought to be connected to the supermarket’s expansion plans (The Grocer, May 7, p4), has sparked a senior management reshuffle.Speculation that Tesco is to take on...
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Teething troubles overseas
Tesco is experiencing mixed fortunes on the international scene, with patchy performance in certain countries. Glynn Davis reportsTesco’s strategy for world domination is well under way. According to international operations director...
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Tesco says it is on global fact-finding trail
Tesco this week denied a move to the US was inevitable, but confirmed that former trading director Colin Smith was on a fact-finding mission (The Grocer, May 7, p4). Tesco international operations director Philip Clarke said it was possible...
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Shades for ethnic hair
A Japanese hair colourant specially formulated for Asian and Afro hair has won a listing in Tesco.Bigen has been available in ethnic stores in the UK for 10 years but sales director Yatin Kotak decided it was time to enter the mainstream...
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Tesco takes on the discounters
Tesco has admitted it needs to meet discount retailers head on, acknowledging the threat that is posed by the sector to its global growth.Speaking at this week’s IGD Global Retailing 2005 conference, international operations director Philip...
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£3bn for Tesco by 2009?
Tesco is set to turn in a kingsize annual profit of £3bn a year by 2009, according to a leading City stockbroker.The retailer itself sought to play down future projections when it became the first British retailer to smash through the £2bn...
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‘Sense and simplicity’
Grocery retailers’ attempts to bring value to the shopping experience all too often undermine it, says Tesco chief executive Sir Terry Leahy. Debating the future of the European grocery market at the ECR Europe conference in Paris last week,...
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Tesco opens megastore-cum-apartments in Clapham
Tesco and developers Taylor Woodrow have joined forces to open a flagship store, which will incorporate a major new residential scheme. The development is situated opposite Clapham South tube station in southwest London and retains elements of...
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Tesco circles the States
Speculation is mounting that Tesco is to take on Wal-Mart in its own back yard with plans to expand into the US. The Grocer has learned that a senior Tesco executive, believed to be former trading director for grocery Colin Smith, has been in...