Tesco news and analysis – Page 255
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Book reviews
Scoring Points: How Tesco continues to win customer loyaltyTesco Clubcard is the world's most successful retail loyalty scheme. Launched in 1995, it has transformed the company's relationship with its customers, helping it to...
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Price Survey
Tesco has scored a double whammy this week, adding the crown of cheapest supermarket to its Top Store customer service award. The victory is the second in a row for the retailer, which has fought back on prices after a long period of dominance...
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Tesco wants one market
Tesco is calling for the two-market definition of grocery retailing to be ditched in favour of a single market view, in a move that could leave it breaking ranks with its rivals and siding with small operators. The comments made in its...
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Own label, Fairtrade, organic in lead as premium sales soar
Own label products constitute two-thirds of premium grocery offerings sold and are enjoying growth ahead of the market as a whole. A study of Tesco Clubcard data by Channel 4, Dunnhumby and media surveying company TGI, indicated that an...
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The Europe Express
Check out Tesco. Or perhaps that should be 'Czech' out Tesco. It invited journalists to the Czech Republic and Turkey last week to see what it is doing in central Europe. In this land of low prices and high potential, Tesco has found that it's...
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Tesco denies landbank claim
Tesco has insisted the Competition Commission will not find any evidence that it has a so-called landbank designed to thwart rivals' attempts to build stores. In its submission, Tesco says its willingness to take risks to implement its...
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Bogof's week
Tesco pulled out all the stops in Turkey last week by taking one of our hacks out to dinner in a posh restaurant. But when his hosts came to pay they tried four or five credit cards and all were rejected. The team from Tesco had to have the...
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Price Survey
Tesco scored its first victory in The Grocer 33 this month, with Sainsbury displaced from its lead last week and Asda pushed into second place two weeks on the trot. Asda had come in cheapest in seven of the previous nine surveys, but...
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No smooth ride likely for Tesco in India
Tesco's entry into India may not be the smooth ride hoped for as a new local supermarket operator with a UK influence looks set to become the country's leading food chain.The brand proposition behind Reliance Retail, which has plans for...
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UK beef farmers await assurances from Tesco
The NFU has been left waiting for assurances from Tesco that it is committed to UK livestock farmers, after the beef price in the south west fell 12p/kg over three weeks."We've seen some volatility in the market. This has fuelled rumours...
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Tesco hits accelerator with central sourcing
Tesco is to more than double the number of grocery lines it sources centrally by February.Speaking at a tour of Tesco's 12,000 sq m hypermarket in Prague, Philip J Clarke, CEO for the Czech Republic and Slovakia, said the move, which...
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Price Survey
Sainsbury's edged out Asda and Tesco in this week's The Grocer 33 price survey - but it was mighty close. The winning margin was a razor-thin 10p for our 33-item basket of goods. Sainsbury's led at £46.88, followed by Asda...
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Letter of the week:
While Tesco's awesome interim results may have been welcomed by financial institutions, a recent poll conducted by the Yorkshire Post found that 75% of respondents believed that the supermarket's dominance in the UK was limiting consumer...
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Southall and Truro take over as the leading Tesco towns
Inverness is no longer 'Tesco-town' - and has in fact fallen to fourth in the ranking of places most dominated by the UK's biggest retailer. Although Tesco's market share in the Scottish town has risen from 51% to 52% in the past year,...
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Suppliers told to listen to consumers
Tesco told suppliers this week that it plans to be more open with them and advised them to listen to consumers. Commercial and trading director Richard Brasher said health was now key to Tesco. This was where front-of-pack labelling was...
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Price competition is yesterday's war
Another trading statement from one of the majors, another report that inflation is back in the system. J Sainsbury announced that through July, August and September, deflation of 0.9% became inflation of 1%, hot on the heels of Tesco's remarks...
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Tesco rumoured to be eyeing Algarve
Tesco has refused to comment on speculation it is scouting out the Algarve as part of its international expansion plans. The rumours emerged after an ex-pat newspaper in the region claimed Tesco had earmarked 17 sites in the Algarve for...
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'Buying power leads to better prices? I don't buy that argument' says King
Justin King insisted this week that Sainsbury's would remain competitive, despite a prediction that Tesco's growing buyer power would allow it to open a big price gap with its rival.Analysts at Citigate said it had calculated that...
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Esselunga denies Tesco talks
Italian supermarket group Esselunga has rubbished reports that it is in talks with Tesco over a possible takeover.Reports in the Italian press had suggested that Tesco was in talks to either buy or form a partnership with...
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Tesco dominates postcode areas
Tesco controls the grocery market in 67% of UK postcode areas, research has revealed.Data from retail consultancy CACI found that Tesco is the dominant supermarket in 81 of the 121 UK postcodes. It added that Tesco's local share was...