Tesco news and analysis – Page 276
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Tesco top of personal finance market
Tesco is the top new entrant in the personal finance market, a Mintel report will show today.The report, Non-Traditional Providers in Financial Services, found that Tesco Personal Finance has won 4.6 million customer accounts since it...
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Tesco sets style for denim
Tesco is relaunching its denim range as part of a major drive to increase its clothing offer by almost 30% this autumn, while Sainsbury is making a play for the back-to-school market with its first own-label kidswear range.Tesco’s new range,...
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Tesco moves to find where retail price initiative money ended up
Tesco has called in its two liquid milk suppliers – Arla Foods and Robert Wiseman Dairies – to carry out an audit on where the retail price initiative money has ended up, according to reports.Sources in the farming sector claimed the move...
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Harry Potter sells a million
The top three supermarkets have sold more than one million copies between them of the sixth instalment of JK Rowling’s boy wizard series, Harry Potter and the Half-Blood Prince, attracting shoppers with their cut-price offers.Tesco, which cut...
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Online service still lagging
Asda has a long way to go if it is to challenge Tesco’s dominance of online grocery, according to The Grocer’s latest online shopping survey.The number two retailer is currently investing heavily in its online offer in a bid to double its...
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Star order:Tesco
>>easy ordering; spot-on deliveryOnline retailing is becoming the next great battleground for grocery giants hell-bent on realising untapped growth potential. Our summer shopping survey reveals that attention to detail,...
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Tesco nut policy ‘could backfire’
Tesco’s plans to help nut allergy sufferers by imposing strict traceability controls on all own-label pre-packaged processed foods may backfire.It has introduced a new nut code of practice that will require suppliers and their raw material...
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Bath cheese the best
A west country farmer has been given a national listing in Tesco stores after winning the retailer’s coveted Cheese Challenge.Alex Dunbar of Bath Soft Cheese looked stunned last week as he was given news of his coup by Tesco commercial director...
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Dangers of multiples’ stranglehold
from Nigel Dowdney, c-store manager, Stalham, NorfolkSir; A report in the Eastern Daily Press detailed the detrimental effect of the building of a Tesco in Stalham. It focuses on the demise of two shops in nearby Hickling because of...
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Tesco to invest in sports sites
Tesco has vowed to invest significantly in improving local sporting facilities across the country in areas where its new store developments eat into playing fields.Tesco property spokesman Andrew Slight said although it always tried to avoid...
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Tesco TV ad ‘misleading’
Tesco has been slammed for a TV commericial promoting its on-line diet plan. The ad, which stated “log on and you’ll get your meal plans and shopping list designed by a professional nutritionist”, was branded as misleading, as it did not...
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Tesco rivals in double trouble
On August 1 Tesco plans to open its newly refurbished and extended 101,000 sq ft Extra store in Slough.In August 2003, the retailer made headlines by buying a 50,000 sq ft Co-op shop down the road from this store. The OFT took an interest in...
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How to make RRP work in your store
Confused by retail ready packaging? Worried by its implications? Help is at hand, says Beth BrooksWalk around Tesco’s Extra hypermarket near its headquarters in Cheshunt and you will grasp fairly quickly how retail ready packaging...
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Taking it to extremes
Retailers will have to go up or down for growthThere is room for growth in today’s Tesco-dominated grocery environment, but retailers will have to go to extremes – either upmarket or discount – to achieve it, delegates at The Grocer’s Going for...
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Irish retailers’ profits soaring
Profits in the Republic of Ireland’s wholesale and retail grocery sector may be higher than 11.3bn a year, according to the Department of Finance.It is the first official estimate, as the major supermarkets – Tesco, Dunnes, Superquinn, Aldi and...
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Research Notes
>>household spend is upThe UK butter and spreads market is showing 3.9% growth. The average household is now spending £1.30 more than the previous year. The multiple grocers are driving this increase with Somerfield, Tesco and...
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Well, nobody does it better...
The anti-Tesco lobbying may have been intensifying in recent weeks – but suppliers believe it would be wrong for the competition authorities or government to launch a specific inquiry into the market position of Britain’s top retailer.Many...
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Buyers break the ice and boost frozen fare
This month, the very best buyers in the frozen foods category are nominated by suppliers. Fiona McLelland reportsTesco has come out top with two of its buyers voted among the Six of the Best this month. The Grocer asked suppliers of...
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Tesco chiefs fend off a plague of locusts
The Tesco shareholders’ meeting offered a chance for protestors to ambush management, says Beth BrooksThere were rumours of a mass demonstration, but only a handful of protestors from Friends of the Earth and Action Aid gathered on...