Tesco - Latest News and Analysis – Page 263
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News
Tesco in china
Tesco has entered the Chinese market in a joint venture,as predicted in The Grocer (March 6, p16) The 50:50 agreement is between Tesco and Ting Hsin, for its subsidiary Hymall stores. Tesco will acquire 50% of the equity for Hymall for...
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News
Tesco in china
Tesco has entered the Chinese market in a joint venture,as predicted in The Grocer (March 6, p16) The 50:50 agreement is between Tesco and Ting Hsin, for its subsidiary Hymall stores. Tesco will acquire 50% of the equity for Hymall for...
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Ager takes China role
Senior Tesco executive Steve Ager is to become president of the Chinese joint venture announced this week.His 27-year career at Tesco has included senior buying jobs, which saw him launch the Finest brand, and more recently a two-year stint...
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Ager takes China role
Senior Tesco executive Steve Ager is to become president of the Chinese joint venture announced this week.His 27-year career at Tesco has included senior buying jobs, which saw him launch the Finest brand, and more recently a two-year stint...
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Tesco moves into China
Tesco has announced today that it has signed a JV agreement for the Hymall chain stores in China.The 50:50 agreement is between Tesco and Ting Hsin, for its wholly owned subsidiary of Ting Cao, which owns the Hymall stores. Tesco will acquire...
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Talas goes to Thierry’s
Lindsay Talas, Tesco’s product development manager for beers, wines & spirits, is to join Romsey-based wine agency Thierry’s as deputy buying director.Talas will be charged with boosting sales of brands such as French Kiss and Hanging Rock...
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More price cuts at Tesco
Tesco plans to make healthy food more affordable and will cut £50m off prices next week.This will be the third price cut it has announced this year, meaning its prices will have been reduced nearly £200m since Christmas.Marketing...
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Organics in growth
Tesco is set to broaden its newly redesigned organic range in response to customer demand. This month sees the introduction of organic raspberries in its stores, as well as Camembert and Brie.According to the retail chain’s research, organic...
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Harrison quits Baxters for Rachel’s Organic
Martin Harrison, sales and marketing manager for Baxters Foods chilled soups division, has been recruited as national account manager for the Rachel’s Organic brand.He initially takes responsibility for managing the Tesco, Waitrose and Asda...
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The arrival of Tesco Law
Tesco has further extended its brand with the launch of Tesco Law, an online store which aims to sell a range of free and low-cost legal services.Products on offer include directories of solicitors as well as packs enabling people to construct...
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Food and beer sales up during Euro 2004
The success of the England football team so far in Euro 2004 has boosted sales in many pubs, clubs, bars and supermarkets.Sainsbury said pre-match sales of pizza have risen by 20% and Tesco has reported an increase in sales of convenience...
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On top of the world
Tesco has been crowned Grocer of the Year for 2004. Siân Harrington charts the strategic growth of a British giantIt is the UK’s biggest retailer and has entered the Global Premier League of grocery chains. It takes one in every £8...
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I Can do for little ones
Tesco is introducing a new range of toddler toiletries and wipes called I Can.The range, which features child-friendly packaging, fun illustrations and fruity fragrances, is aimed at encouraging toddlers to develop a personal hygiene...
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Hailing the industry heroes
Asda was named Britain’s favourite supermarket for the second year running at The Grocer Gold Awards this week while Tesco was clear winner in the grocer of the year category. Asda president and CEO Tony DeNunzio said he was delighted to...
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Brand loyalty will count for little
Tesco looks set to see strong sales growth in the north-west when its Extra store opens in Portwood, Stockport.Despite having an impact on five existing Tesco stores, the 101,500 sq ft store should return a net sales increase to the group of...
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Tesco ethics under scutiny
A briefing to MP’s today will reveal how Tesco is damaging communities, threatening the livelihoods of many UK farmers and putting local shops out of business.MP’s will also learn how Tesco is failing to live up to its promises in ethical...
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The Grocer Gold Awards – the winners
Asda, Tesco and Jacksons scooped top honours in The Grocer Gold Awards 2004. The award for Britain's favourite supermarket, as voted for by consumers, was presented to Asda. The award is made in conjunction with ACNielsen and is based on the...
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Cadog spreads
Welsh branded dairy range Cadog has now gained listings in almost all of the country’s major multiples.The products are available in Morrisons, Safeway, Sainsbury, Asda and Makro, and will also be in Tesco from mid-June.The range,...
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Tesco brand will seek new horizons – Leahy
Tesco chief Sir Terry Leahy has hinted that Britain’s number one retailer is still looking for new markets in a bid to stretch its giant turnover even further.The chain, which according to recent figures now accounts for £8 out of every £100...
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Plenty of scope for the co-ops
Sainsbury is showing a slip in share to 15.9% after the modest rebound it achieved three months ago. At this time of year the seasonal non-food ranges of Asda and Tesco give added growth to stores sales which can be gauged by their average spend per...