Tesco news and analysis – Page 275
-
News
There’s no stopping Tesco
In the week that Wal-Mart CEO Lee Scott has called for a probe into the dominance of Tesco, IGD’s Grocery Retailing Report 2005 reveals how powerful it has become. Liz Hamson reportsIn the long term, a number of players may be...
-
News
Tesco way ahead of its rivals
Tesco has totally decimated the competition over the past year, reveals the latest IGD grocery Retailing Report on the UK market.The multiple’s turnover was a whopping 82% greater than its nearest rival, Sainsbury, according to the...
-
News
Tesco acquires 30 petrol stations
Tesco has made an offer to acquire 30 former BP/Safeway petrol stations from supermarket group Morrisons.The deal for the 30 petrol stations and convenience stores, which are located across England and Wales, is subject to BP pre-emption...
-
News
Tesco races after Sainsbury with sports scheme
Tesco is to jump on the success of Sainsbury’s Active Kids scheme with the launch of a similar campaign, Tesco Sport for Schools and Clubs, next month.The introduction of the sports equipment giveaway scheme coincides with the absence of Active...
-
News
Tesco’s market share increases
Tesco’s market share of the grocery sector is continuing to grow, exclusive research for The Grocer has revealed.The research, conducted by ACNielsen, found that the retail giant’s market share increased by 0.7% since May to 30.7%, although...
-
News
The size of its ambitions
Tesco’s huge new Extra in Slough has all local needs totally covered. Liz Hamson reportsAt first glance, Tesco’s new Extra in Slough looks more like a warehouse than a supermarket. The trademark red and blue fascia is the only...
-
News
Locals fed up with Tesco
Angry residents across the country are turning up the heat on Tesco, with protests reaching fever pitch.The retailer has faced a storm of protests in recent months as campaigners fight against stores opening in their local areas.In...
-
News
It’s a victory, but for whom?
Tesco made a complaint last summer to the Advertising Standards Authority about an advertising campaign being run by its arch-rival. Asda had developed the campaign after grabbing the top accolade in The Grocer 33 pricing survey for the seventh year...
-
News
Tesco, Sainsbury to keep selling 35mm cameras
Tesco and Sainsbury will continue to sell film cameras in-store and online, despite the decision of electrical retailer Dixons to phase them out.Dixons revealed this week that sales of digital cameras in its stores were outstripping sales of...
-
News
Cashing in on quality taste
Rod AddyIncreased interest in food quality and origin is boosting sales for Waitrose, enabling it to outperform every food and drink retailer bar Tesco, according to City analysts.The verdict flies in the face of the popular belief that...
-
News
Tesco to employ more Poles
Tesco is to up the number of Polish workers it employs in the UK after a successful recruitment drive in February, at the same time as dealing with protests from Polish agency staff in Dublin over pay.A Tesco spokeswoman said the UK recruitment...
-
News
Good till hunting
Kevin Hunt talks to James Durston about the Tesco challengeKevin Hunt has missed his vocation as a Formula 1 driver, judging by the office cabinet full of racing memorabilia. But as MD of the Lawrence Hunt & Co franchise of Spar...
-
News
Tesco helps those with nut allergies
from Jonathan Church, external communications manager, TescoSir; I was disappointed to see that your recent article on our new nut labelling initiative (‘Tesco nut policy could backfire’, July 23, p11) failed to recognise the...
-
News
Irish MPs calling for profits probe
An Irish parliamentary committee has called for an official study to establish the profits made by multiples in the Republic’s l7bn-plus grocery market, and which are not disclosed by the major chains, Tesco, Dunnes and Superquinn. As part of...
-
News
Tesco closes Slough superstore, opens new Extra
Tesco put an end to the controversy surrounding its dominance in Slough this week by closing the superstore at the centre of the debate.The move comes as the retailer re-opened its newly refurbished 101,000 sq ft Extra store on Monday (August...
-
News
Tesco may dropGerrards Cross
Speculation is growing that Tesco may be planning to walk away from its controversial store development at Gerrards Cross.A crucial engineering report, following the collapse of a tunnel last month, is being anxiously awaited on all...
-
News
Tesco faces pay militancy
Tesco has become the latest supermarket to be hit by the on-going unrest among distribution workers and unions.Asda and Morrisons distribution centres have already been caught up in various pay and employment disputes for months and now the...
-
News
Tesco struts its stuff
Tesco’s evolution from basics to fashion retailer has helped it seize a sizeable chunk of business from high street retailers. And there’s more to come this autumn, the head of its UK clothing business, Jason Tarry, tells Liz...
-
News
RFID watches shoppers
Tesco has embarked on a front-of-house RFID trial that uses tags on trollies to follow shoppers around stores to monitor their behaviour.The initiative kicked off last week at its Korean hypermarket chain, Tesco HomePlus, in collaboration with...