Tesco news and analysis – Page 272
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In Profile: Stephen Shields, store manager, United Wholesale (Scotland)
Running the floor of a busy cash and carry is a demanding job, but one that Stephen Shields says he loves. Shields left Tesco as a deputy store manager to work at...
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Asda puts small stores at heart of growth plan
Asda is to put small food stores at the centre of its growth plan in an effort to rebuild sales as the leadership gap between Tesco widens.Huw Edwards, the former central merchandising director appointed director of small store formats in...
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Reshuffle at top of Tesco
The departure of Tesco’s former trading director Colin Smith to the US, thought to be connected to the supermarket’s expansion plans (The Grocer, May 7, p4), has sparked a senior management reshuffle.Speculation that Tesco is to take on...
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Teething troubles overseas
Tesco is experiencing mixed fortunes on the international scene, with patchy performance in certain countries. Glynn Davis reportsTesco’s strategy for world domination is well under way. According to international operations director...
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Tesco says it is on global fact-finding trail
Tesco this week denied a move to the US was inevitable, but confirmed that former trading director Colin Smith was on a fact-finding mission (The Grocer, May 7, p4). Tesco international operations director Philip Clarke said it was possible...
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Shades for ethnic hair
A Japanese hair colourant specially formulated for Asian and Afro hair has won a listing in Tesco.Bigen has been available in ethnic stores in the UK for 10 years but sales director Yatin Kotak decided it was time to enter the mainstream...
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Tesco takes on the discounters
Tesco has admitted it needs to meet discount retailers head on, acknowledging the threat that is posed by the sector to its global growth.Speaking at this week’s IGD Global Retailing 2005 conference, international operations director Philip...
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£3bn for Tesco by 2009?
Tesco is set to turn in a kingsize annual profit of £3bn a year by 2009, according to a leading City stockbroker.The retailer itself sought to play down future projections when it became the first British retailer to smash through the £2bn...
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‘Sense and simplicity’
Grocery retailers’ attempts to bring value to the shopping experience all too often undermine it, says Tesco chief executive Sir Terry Leahy. Debating the future of the European grocery market at the ECR Europe conference in Paris last week,...
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Tesco opens megastore-cum-apartments in Clapham
Tesco and developers Taylor Woodrow have joined forces to open a flagship store, which will incorporate a major new residential scheme. The development is situated opposite Clapham South tube station in southwest London and retains elements of...
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Tesco circles the States
Speculation is mounting that Tesco is to take on Wal-Mart in its own back yard with plans to expand into the US. The Grocer has learned that a senior Tesco executive, believed to be former trading director for grocery Colin Smith, has been in...
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Easter shoppers smile on Asda
While the seasonal sales uplifts in April have been slower than expected for many high street retailers, this month’s Tradetrak shows that Tesco and Asda have both benefited from good trading over the 12 weeks to April 16, which includes the impact...
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This mess we’re in
Will the diverse approaches to labelling switch off the traffic lights threat, or merely lead to confusion, asks Fiona McLellandTesco became the latest player to nail its colours to the mast in the nutrition labelling debate this week...
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Mailshot sparks fresh fury
Tesco has ploughed headlong into another row over alleged anti-competitive practices after reigniting a controversial vouchers scheme that was previously at the centre of an OFT probe.The supermarket giant is running the gauntlet of local...
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Tesco eyes Guernsey
Tesco has announced its intentions to build a retail estate on the Channel Islands, starting with Guernsey.The multiple revealed its plans to a Guernsey newspaper. A spokesman told the paper: “It is not really a secret that we would like to...
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Cheddar sales maturing
Sales of mature Cheddar are growing faster than milder varieties.Cheese experts believe that exposure to spicy, exotic food has meant a greater demand for more pungent flavours.Sales of mature Cheddar at Tesco grew by 21% last year...
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Sainsbury labels GI
Sainsbury is set to follow in Tesco’s footsteps by putting a glycaemic index (GI) logo on its packaging from next month.The move is part of the supermarket’s pledge to make health a key differentiator in its offer. However, Tesco was first on...
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The Saturday Essay
>>Brian Cotter, Liberal Democrat spokesman on small business and MP for Weston-Super-MareAs Tesco becomes the first UK retailer to announce profits of more than £2 billion, the debate about whether increasing supermarket...
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Chains eye MG Rover site
Tesco, Asda and Sainsbury are all eyeing up the MG Rover plant at Longbridge for a new supermarket development, which could end up as a hypermarket megastore.The initial plans for a supermarket are part of a 40-acre science and technology park,...
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Buyers: ‘price is not all’
The majority of buyers do not believe that price is the number one factor driving consumer demand, according to research by The Grocer.While Asda and Tesco raised the heat in the supermarket price war at the start of this month by rolling out...