Tesco - Latest News and Analysis – Page 262
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Tesco’s northern offensive
Tesco must have seen strong potential in its new site in the Tynedale Retail Park in Hexham, Northumberland, because it paid three times the book value for the land. The UK’s number one grocer paid a massive £17m for the eight-acre site, which...
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Ediets launched by Tesco
The online diet eDiets, has made its UK debut in Britain after Tesco bought the UK rights to the company.The online diet monitors participants 24 hours a day by phone and email and is the most successful programme of its kind in America,...
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Organic is a hit at Tesco
Tesco says sales of its organic British pork sausages have risen by 70% – thanks to Brits’ love of the barbeque and improved meat availability.The multiple claimed it was now selling 70,000 organic pork sausages every week. Meanwhile, sales of...
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The Express train
Can small shops survive a multiple moving in? Fiona McLelland finds outWhen Tesco rolls into town, you might as well shut up shop if you’re a retailer in the vicinity, right? Not necessarily. It is two years since Tesco announced...
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Safeway: the exodus
Shoppers are abandoning Safeway in huge numbers. Is there anything Sir Ken can do to stem the loss? Liz Hamson reportsBut Sir Ken may have underestimated the competition from Tesco and Asda and over-estimated the appeal of...
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Tesco rakes in the deserters’ spends
Disgruntled Safeway shoppers have poured a whopping £138m into Tesco’s coffers in the year to July 18, according to TNS switching data published exclusively by The Grocer.The news came as Tesco this week saw its market share hit an all-time...
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Tesco chews away
Tesco is adding single packs of own label sugar-free chewing gum tablets to rival Wrigley’s market-leading Extra brand.Rolling out now in peppermint and spearmint, Tesco’s latest offering comes in 12-tablet packs at 26p each - 2p cheaper...
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Microbrewery ale gets trial listing
A new ale produced by a microbrewery in the Channel Islands hits Tesco shelves next week, with the aim of becoming a national brand.Cynful, a 3.5% abv dark ale supplied by family brewer Randall’s in Guernsey, won a trial 18-week listing with...
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Tesco says ad icon Dotty is ‘staying’
Tesco has flatly denied reports that it is about to pension off its advertising icon Dotty, but many marketers feel she is past her sell-by date.
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Tesco now has 28% market share
Tesco has gained 28% of the market share for the first time, according to recent research by TNS.Growth at Morrisons continues to increase rapidly with a 16% increase for the 12 weeks ending 20 July, but this growth has been impacted by a...
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Tesco signs with eDiets
Tesco has signed a deal with eDiets.com to increase its stake in the UK market for healthy eating, according to newspaper reports.The supermarket chain signed a licensing deal with the US online diet service for £2m plus ongoing royalty...
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Tesco’s suncare is a bright spot
The holiday season is here so this month’s report is on sun protection products.The average multiple has 68 skus on a typical fixture, with 20% of the category on promotion. In managing availability, 9% of normal lines were low on stock and 21%...
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Tesco bites deep into its gum rival
Tesco is piling more pressure on confectionery giant Wrigley with yet another foray into the chewing gum arena.The retailer is adding single packs of own-label sugar-free chewing gum tablets in what will be seen as a further challenge to...
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Cornish Cheese Company gets into the big time by winning Tesco competition
A small cheese producer is set to move from farmers’markets to the high street after claiming a top award.The Cornish Cheese Company is celebrating after winning the annual Tesco Cheese Challenge with its Cornish Blue cheese, which will now see...
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Tesco moves 420 jobs to India
Tesco is moving 420 jobs to Bangalore, India, from three of its offices in the UK, according to a Reuters news report.The jobs will be from offices in Cardiff, Dundee and Welwyn Garden City, in the areas of business support.The retailer has...
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Tesco to expand mobile market
Tesco is planning to relaunch its mobile phone market to offer more handsets and increased shelf space.The retailer currently has about 250,000 mobile phone customers and it plans to broaden the range of the products it offers in order to...
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Tesco’s virtual tour
Tesco has launched a new website that details its diverse range of services under one roof.The portal – www.tesco-home.com – is designed as an interactive house, which lets browsers navigate through various rooms, each linked to different...
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Most welcome guests
Pub drinkers are responsible for guest beers’ increasing presence in supermarketsSupermarkets are stepping up their offering of locally-sourced beers in response to consumer demand.Both Tesco and Asda are launching new ranges of...
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Informationtechnologybridging the gap or widening the gulf?
Big retailers have many natural advantages over their smaller counterparts.Take Tesco, which pays 10-15% less for its goods than smaller rivals, according to the Competition Commission in 2000. From haulage to photocopier paper,...