Tesco - Latest News and Analysis – Page 261
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BP tipped for success
Tesco and BP are likely to be the most successful convenience operators in five years’ time, according to shoppers and industry experts.In a survey of 500 shoppers and 150 retailers, suppliers and experts, a massive 96% ranked Tesco in the top...
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Easy target
Food retailing must counter the barrage of negative press it gets but doesn’t deserve, according to CIES. Fiona McLelland reportsWal-Mart, Tesco, Carrefour et al are often accused of abusing their power. If they’re not exploiting...
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Symbols of super-cool confidence
The province’s convenience sector appears supremely relaxed about the Tesco Express’ debut there. Ronan Hegarty finds out whyThe arrival of the UK’s biggest retailer on their doorstep is enough to make most convenience operators’...
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Express way for affluent singles
How is Tesco Express being adjusted to fit the Adminstore clientele? Liz Hamson reportsResearch also pointed to the demand for more fresh meat and poultry – which have been given two modules instead of the usual one, as well as a...
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Express gets freshened up
Tesco is taking its product range upmarket at the converted Adminstore outlets to reflect the tastes of the 45-store chain’s predominantly central London customer base.Speaking exclusively to The Grocer following the opening last Monday of one...
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Tesco takes a ‘very big step’ with traffic lights
Tesco will introduce its controversial new traffic lights labelling system to customers this month via consumer panels.The traffic lights system, which has been criticised by suppliers as simplistic and unfair, is designed to help customers...
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Asda begins its trials of instore digital media
Asda launches its instore plasma screen trial on Monday (September 6) in its Wembley and York stores.The retailer, which is following in the footsteps of Tesco and Spar, is testing different screen positions and creative executions over the...
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Tesco enters broadband market
Tesco is moving into the broadband market with the launch of its own-brand internet access service at £19.97 per month.The service will compete with BT, Wanadoo and AOL high-speed access services, and to entice customers further Tesco is...
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Top two a serious threat in non-food
Grocery multiples now retail over £67bn per annum and non-food (clothing, general merchandise, music and video and electrical) is the fastest growing category, with a 15% year-on-year growth according to ACNielsen Scantrack. Tesco and Asda...
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TM Retail estate swells with Tesco Dillons sale
Tesco has finally sold the 181-store Dillons CTN chain to TM Retail for just £8.3m with a further £4m to £5m for the stock.The companies refused to disclose the price but financial sources confirmed the details.Tesco acquired Dillons when...
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Express debuts in Belfast
Tesco is opening a new front in its battle to dominate the c-store sector with its first Express store in Northern Ireland.Opening on Monday, the store is in Ballyhackamore, east Belfast and goes head to head with a flagship Spar forecourt...
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Tesco revamps Beer Challenge
Tesco is launching a brewing competition, giving small producers the chance to win a national listing and potentially lucrative, free advertising.The Brewing Awards will incorporate the existing Tesco Beer Challenge and for the first time...
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Wiseman wins again with Tesco milk deal
Robert Wiseman Dairies has been successful in Tesco’s review of its fresh milk supply arrangements, as well as increasing its fresh milk share at Sainsbury, as reported yesterday.The company will now hold a 60% share of Tesco’s fresh milk...
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Tesco sells 181-store Dillons chain
Tesco has sold its CTN chain Dillons Stores to TM Retail. The 181-store chain was part of T&S Stores which was acquired by Tesco in a £530m deal in October 2002.TM Retail operate 1,161 stores across the UK under the McColls, Forbuoys and...
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Outdoor opportunity
Posters are being neglected by multiples says Siân HarringtonThere is something rather delicious about seeing a 96-sheet poster advertising Tesco located just outside an Asda store, or vice versa. However, research exclusive to The...
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Key performance indicators
MARGINS The average UK grocery retailing operating margin across the top nine food retailers in 2003/4 was 4.9%. In the mid-1990s, it was more than 6%.NEW SPACE Tesco accounted for more than half of new space opened by the top nine...
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Heinz soups up the logistics
Siân Harrington charts progress at a Tesco Extra store as it remerchandises its entire soup fixture overnight to make way for Heinz relaunched rangeSimple Food for Simple Pleasure was the strapline used at the relaunch of Heinz soup,...
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Tesco’s take-out challenge
Tesco is targeting the high street coffee bar market with a major roll-out of Coffee Nation’s self-service gourmet coffee units.The concessions have already been installed in 30 Tesco Express stores and the multiple aims to roll them out to 150...
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Morrisons bolsters buying team
Morrisons has brought two new buyers into the beers, wines and spirits team to improve its range.James Jackson is moving from Tesco to join Morrisons as a wine buyer. He spent the past five years with Tesco, first as a food buyer and later in...
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Tesco summer availability ace
The average multiple stocks 50 different skus of ice cream tubs, with 15% of the category on promotion. At this time of year, 14% of normal lines and 27% of promotional products are low on stock. Asda shoppers love a deal judging by a whopping...