Tesco - Latest News and Analysis – Page 278
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Game of consequences
How will the smaller players be hit by the fallout from the battle for Safeway asks Elaine Watson Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can't afford to let...
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Leahy: bid not a spoiling tactic
Siân Harrington Tesco boss Sir Terry Leahy was this week adamant his prospective bid for Safeway was a serious offer and not a spoiling tactic. Leahy told The Grocer he understood the market's incredulity at the news Tesco had filed a...
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If you don't like it, you'd better shout
We have said all along that the country's biggest retailer would not stand idly by while its two main rivals fought for Safeway in what is now recognised as being the last big deal in British grocery. Like every commentator, we assumed Tesco would...
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Tesco to tussle for Safeway
Tesco has entered the battle for control of supermarket chain Safeway and said it is making a submission to the Office of Fair Trading in relation to a possible bid.Tesco boss Sir Terry Leahy said: “We have always understood that competition...
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The outlook at the OFT
The T&S deal got the go-ahead from the OFT after it ruled that convenience stores were a separate market to supermarkets (a reason why some industry watchers believe Tesco could consider swooping on smaller Safeway stores). But the OFT will not...
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Meanwhile, at Tesco...
If you switched on the news any night this week, the chances were you caught Sir Peter, Sir Ken or Mr DeNunzio explaining why hoisting their respective fascias over Safeway's front door offered consumers the best deal. The only supermarket boss...
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Express fails to dent high street
Tesco's first standalone Express is exceeding sales targets, according to the company, but its customer research suggests Value lines should be added to the range. Customers surveyed during December said their main reasons for shopping at the...
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Deals get cut to size
Supplier negotiations are becoming more complex as the multiples push for format-specific deals with one-size-fits-all thinking being scrapped says Elaine Watson What's the difference between a Tesco Extra and a Tesco Metro? Right now, not much,...
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Conversion to take six years'
Elaine Watson Tesco's aim to convert half the One Stop/Day & Nite estate to the Express format in four years looks overly ambitious, according to a new IGD report. In Convenience Retailing: Implications of Market Consolidation, IGD claims...
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Tesco factory gate switch reaches 30%
Almost 30% of the cases delivered to Tesco's distribution centres now arrive on Tesco trucks as it presses on with its factory gate pricing initiative. Just over a year after Tesco started taking responsibility for the collection of goods from...
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Tesco to trial RFID tags
Tesco is to trial radio frequency identity tags to improve availability and stock levels and which could feature on food products to alert staff which items are close to sell-by dates.The smart chips will relay information as to which...
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Tesco works to tap into media owner potential
Siân Harrington Tesco is to pilot third party advertising on the sides of lorries leaving its Livingston depot as it seeks new ways to generate revenue by positioning itself as a media owner. The UK's largest retailer is also undertaking a...
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Press round-up
Air Miles, a British Airways subsidiary, has fallen £11m into the red after profits of £8m last year, reported The Business. The reward scheme operator severed ties with Sainsbury last year and began a new deal with Tesco. AirMiles blamed the losses...
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Weekend press round-up
Supermarkets could be allowed to operate at motorway service stations with formats such as Tesco Metro and Marks and Spencer’s Simply Food, according to the Sunday Telegraph.The paper said current operators such as Moto, Roadchef and Welcome...
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Press round-up
In response to the price cuts announced by Tesco and Asda, communications director at Safeway, Kevin Hawkins, told the BBC’s Radio 4 Today programme that he viewed the reductions with a big touch of scepticism. He said: "We have these so-called...
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Press round-up
Supermarket supplier Northern Foods is under pressure from shareholders for a shake-up after a profits warning.According to the Financial Mail on Sunday at least one major shareholder has asked to see chairman Peter Blackburn.Tesco's...
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Press round-up
Tesco and Marks and Spencer could face a consumer boycott over RFID smart tags – used to improve supply lines, to tackle product recalls and refine marketing – as civil liberty groups say the information could be used to snoop on people.The Mail...
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Tesco revamps organic
Tesco is acting on royal advice to try and boost its organics category. The retailer is keen to promote its organic offering more aggressively and has embarked on a major redesign of its organic fruit and veg packaging. The plan developed from a...
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OFT has missed point'
Elaine Watson The Association of Convenience Stores has penned an angry letter to the OFT asking it to explain the thinking behind its decision to wave through Tesco's acquisition of T&S. Although regulators gave Tesco the green light before...
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McCarthy: sit up, take note'
Glynn Davis Tesco officially took over the reins at new acquisition T&S Stores on Monday a move that could signal the start of a new era for convenience stores. Jim McCarthy, former chief executive of T&S Stores who is the transitional...