Tesco - Latest News and Analysis – Page 255
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News
UHT milk price rises
The price of the major supermarkets’ UHT milk is following its fresh counterpart upwards. Tesco and Sainsbury this week increased the price of cheapest own-label UHT milk from 32p to 35p, though Asda had not followed suit as we went to...
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Indian-style ready meals
An extensive range of ethnic ready meals that do not need to be refrigerated have been launched by newly established company Thali Foods.Available in Tesco, Thali is a 17-strong range of authentic meals that include dishes previously not found...
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Salad’s great unwashed
Making a convenience product less convenient might seem a strange thing to do, but that is what Tesco has done with the introduction of fresh, unwashed bagged salad. In the range are rocket and lambs’ lettuce varieties (rsp: 59p) and two...
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Tribunal rules Tesco employee was unfairly sacked
A Tesco employee who was sent home by his bosses because he had a swollen eye, and then sacked for taking too much sick leave, was unfairly dismissed, an employment tribunal has ruled.Tesco had denied the charges, arguing that Andre Van der...
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Tesco's double whammy
Tesco has broken through the 30% market share barrier for the first time, according to exclusive new figures for The Grocer.The revelation comes just days before Britain’s biggest retailer is expected to post a profit of more than £2bn for the...
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Tesco gives brands a rough ride
Supermarket own-label smoothies are outdoing market pioneers such as PJ and Innocent. But, by focusing on innovation and new product development, the big names are hitting backOwn label continues to be king of the castle within the...
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Battle of the bottle
Chris Walkland looks at what’s happening to the 3.5ppl milk price rises and why some farmers might not get a fair shareThe fight to raise milk prices took several weeks, but, against the odds, the battle was won – Asda and Tesco...
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Tesco hits 30% share of total till
The slowdown in consumer spending is beginning to impact on food retailing. The topline market growths for food, drink and non-foods in supermarkets in the four weeks to March 19 were a strong 5.6%. However, other than the hypermarket channel,...
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Bakery group up for sale
Rathbones Bakeries, the bakery group with 1,550 employees, went into administration yesterday after weak sales following a fire at one of its factories in February this year.The company, which had sales of £100m last year and supplies Tesco...
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Retailer probe is smoke and mirrors
from C John Smith, chairman and managing director, GreyfriarsSir; Following the publication of the Office of Fair Trading report on the supermarkets code of practice, Tesco’s appointment of a code compliance officer and the...
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Multiples cash in on office supplies
Tesco and Asda are vying with specialist stationers in supplying home and basic office supplies, finds Rod AddyIt may be smaller than some non-food categories, but sales of home office supplies are growing rapidly in supermarkets....
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Irish call on chains to disclose profits
Tesco may be among a number of retailers forced to disclose how much profit they make in the Irish Republic, under new proposals aimed at finding out if consumers get a fair deal.In a report to government, a parliamentary committee...
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Tesco overriders under fire
The head of one of the UK’s largest mushroom packers, Greyfriars, has threatened to launch scathing public attacks on Tesco unless it abandons its policy on overriders.C John Smith said he is planning to use articles in the press to embarrass...
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Sir Leslie dies at 84
Former Tesco chairman Sir Leslie Porter died on Sunday, aged 84. The husband of Dame Shirley Porter, former Tory leader of Westminster Council and daughter of Tesco founder Sir Jack Cohen, he chaired the multiple from 1973 to 1985. During his...
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Kinnerton confectionery sold to investment firm
UK confectionery company, Kinnerton, has been sold to investment firm Zetar for £32m.Kinnerton, which supplies Asda, Co-Op and Tesco, among others, specialises in confectionery and chocolate, particularly those which contain toys and popular...
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Supermarket domination is unhealthy
from Bilal Bhatti, Financial Services Group, Deloitte & Touche LLPWar on red tape requires investmentfrom John Bowden, chief executive, WCTASir; As the Tesco Express juggernauts its way into the...
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Wake up call for province
Tesco has warned suppliers in Northern Ireland that they compete in a global marketplace so must become more efficient as well improve quality.Cliff Kells, commercial manager for Tesco, told suppliers in the province that they were no longer...
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Supplier Spotlight
Fresh produce packing company Greyfriars experienced a rollercoaster year in 2004. Within days of being awarded Packer of the Year at the Re:fresh 2004 industry awards it was dumped by one of its major clients, Tesco, whom it supplied with...