Tesco news and analysis – Page 267
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Supermarkets may host GPs
Tesco, Morrisons and Sainsbury are all considering whether to open GP centres in their stores under new plans put forward by the government.Earlier this month, the government revealed that it was keen to open GP surgeries in supermarkets in a...
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Stars in his eyes
Can Tesco swing it in California? Or will its secretive, costly entry into the US ultimately prove damaging, asks Siân HarringtonTesco’s admission last week that is to move into the US market via a convenience offer in California...
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Analysts tip Brasher to succeed Mason in UK
Tesco trading and commercial director Richard Brasher is being tipped to succeed Tim Mason as marketing and property director.Analysts have put Brasher’s name at the top of a list of possible candidates when Mason moves to the US to run Tesco’s...
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Share buyback rumours fuel Tesco
Shares in Tesco increased 3.5% to finish at 321.75p amid rumours that the retail giant could be planning to return cash to shareholders this year.Swiss broker UBS said that Tesco had a “store of hidden value” and estimated that the its...
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A store too many
Tesco is facing an outraged community in Inverness over plans to build a fourth store.Residents in the Scottish ‘Tesco Town’ have clubbed together to launch an anti-Tesco website in order to add names to a 1,000-strong petition.The...
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Tesco kicks offStateside
Tesco this week confirmed it was moving into the US market despite months of denials to The Grocer, which revealed in May last year that a team of top executives was seeking opportunities across the pond.The UK’s largest retailer is to develop...
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We’re in colour, boasts JS
Retailers have cautiously greeted manufacturers’ moves to forge ahead with front-of-pack labelling featuring Guideline Daily Amounts.Although Tesco, on whose labelling scheme the suppliers are believed to have based their own initiative,...
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Tesco to enter US market
Tesco is to take on its US rival Wal-Mart in its own back yard by entering the US market in 2007.After months of speculation as to whether Tesco would set up shop in the country, the retailer revealed this morning that it is entering the US...
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Tesco English Gala drive hailed
Tesco was praised this week by English apple producers for a successful drive to sell more home-grown Gala apples.English Apples and Pears chief executive Adrian Barlow said that the retailer was commanding 44% of retail sales of English Gala...
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Own goal for Costcutter
Costcutter franchisee Artgoal Supermarkets has sold four of its stores to Tesco’s One Stop c-store chain, The Grocer has learned.The Warwickshire-based retailer’s move flies in the face of Costcutter’s declared intention to fight against the...
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A culture of coaching
Tesco’s business strategy is for long-term growth. A key goal is to be as strong in non food as we are in food. To do this we have needed to achieve more at a faster rate and have been accelerating the pace of the business. With such a lot going ...
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Asda fends off Tesco
The stakes are rising in the non food battle, says Gaelle WalkerAsda has upped the ante in the battle for the non food pound, according to latest results from The Grocer 33’s Non Food Report. The quarterly basket survey of 33 non food...
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Welcome to the Tesco Academy
The national press has described recent defections from Tesco as a brain drain. But such reports are way off beam, says Liz HamsonThe news that Colin Smith has defected to Somerfield has sparked reports in the national press of a...
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Somerfield appoints retail director
Somerfield has appointed John Cleland as retail director. Cleland, who will take up his new role later this month, joins the retailer from DIY chain B&Q where he was commercial director. He will join former Tesco grocery trading...
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MPs criticise GP supermarket plans
MPs have criticised the government’s plans to offer GP services in supermarkets.
Former health secretary Frank Dobson, said: “It’s all very well saying we will get Tesco’s in, but the supermarkets have slaughtered local shops, sometimes to… -
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Please call says St Merryn
Red meat processor St Merryn Foods said this week it was looking for more British new season organic lamb to fulfil increasing supply volumes to Tesco.The company, which is part of the Grampian Country Food Group, urged south west and South...
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Bananas price crash is feared
There are fears that bananas could become a key weapon in the impending price war between Tesco and Asda.In the wake of Asda’s pledge to slash £102m off its overall prices, industry commentators believe that a price crash for bananas could be...
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Asda set to roll out RFID
Asda is to enter the RFID arena for the first time with plans to introduce tagging into its warehouses and back of stores throughout this year.The move comes as Tesco admitted that there was a question mark hanging over the deadline for its...
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Senior director leaves Tesco
Tesco’s grocery trading director Colin Smith has left the retailer to join rival supermarket chain Somerfield.As revealed by The Grocer on Saturday (January 21), Smith will take up the role of trading and marketing director at Somerfield – a...
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New Tesco price war looms
Tesco is to spark what could be the fiercest price war of recent years as it seeks to launch a stronger value message to set itself apart from rivals.The Grocer has learned that Tesco has been block booking advertising space for the end of this...