Tesco news and analysis – Page 283
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Tesco closes gap with Asda
Asda’s seven-year reign as the UK’s cheapest supermarket is being challenged by arch rival Tesco, according to new research by The Grocer.The trends highlighted in the results of the six-month review of The Grocer 33 and in our new pricing...
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Exodus from The Top 50
Relentless consolidation saw chain after chain snapped upTesco kicked off the feeding frenzy with Adminstore in January and before the ink was dry on The Grocer Top 50 in February, everyone and their dog had joined in. By...
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Tesco pushes up December food sales
Food sales in the early run up to Christmas would have been the worst ever – if they had not been bolstered by massive increases at Tesco.The industry has grown at a steady rate of 3.2% in the four weeks to December 5, according to TNS data....
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Tesco to overtake global competitors
Tesco will overtake international rivals Metro and Ahold to gain third position in the global grocery retail league by 2010, according to a report from IGD.If growth is maintained at an annual rate of 9.6%, Tesco’s global sales will soar from...
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Retailers yet to back OTM beef
The big retailers are refusing to commit to stocking over 30-month beef when the OTM rule is abolished, probably some time next year.Tesco, Asda, Sainsbury, Morrisons and Somerfield all stopped short of pledging to sell products made from the...
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Tesco to overtake global competitors
Tesco will overtake international rivals Metro and Ahold to take third position in the global grocery retail league by 2010, according to a new report from IGD.If its growth continues at an annual rate of 9.6%, Tesco’s global sales will...
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NVQ status for Tesco training
Tesco has been chosen to provide a blueprint for training for the whole UK retail sector.The multiple has been granted NVQ accreditation for its retail apprenticeships, the first time a UK retailer has won such recognition for an in-house...
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We need real NPD, not just me-toos
from David Lowings, director, 42 Consulting, MaidenheadSir; I would like to add a resounding endorsement to Mark Murphy’s criticism of the lack of innovation across all categories at present (‘Tesco attacks brands’ NPD record’, The...
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Tesco enters JC’s Kitchen
Fine foods distributor Petty, Wood is entering new territory by introducing a range of low-carb foods into Tesco.The new offerings, branded JC’s Kitchen, are being developed and manufactured by UK-based Natural Balance Foods and exclusively...
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Heinz chills soup
Heinz is throwing its soup brand into fridges for the first time with the launch of a range of chilled offerings in Tesco.The new range compromises four varieties, all packed in 500g transparent pots, which will retail at £1.49.The...
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Austin Reed expertise for Tesco
Chris Holmes, managing director of Austin Reed Group, is quitting the company to join Tesco’s international non-food division early in the new year.Holmes will be reporting to international support office director Dido Harding. He will be...
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Stax of publicity
Walkers has advertised new Pringles copycat Stax in the national press in a bid to generate a following for it among consumers.The Grocer last week revealed how Walkers had ordered a low-key trial of Stax through selected Tesco stores and...
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Tesco goes for low-carb label
Tesco has admitted it is jumping on the low-carb bandwagon by launching a 40-strong own label range called Carb Control as it revamps its carb-busting range and fixture for the new year slimming season.The supermarket giant had been rumoured to...
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Tesco's NPD blast
The head of alcohol buying at the country’s biggest supermarket has described 2004 as “possibly the poorest year on record” for innovation.Mark Murphy, category director at Tesco, is calling for new life to be injected into the...
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Heinz’s fresh approach to soup
Heinz is to pitch its soup brand into fresh territory by testing a new range of chilled offerings in Tesco.The move will put it head-to-head for the first time with New Covent Garden Soup, which is the leading chilled brand in the category and...
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Tesco lauches own label low-carb range
Tesco has finally admitted it is jumping on the low-carb bandwagon by launching a 40-strong own label range called ‘Carb Control’ as it revamps its carb-busting range and fixture in time for the new year slimming season.The supermarket giant...
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Wraps head lunchtime sales at Tesco
Britons are increasingly opting for wraps instead of sandwiches, according to industry research.Statistics released by Tesco show that its egg and cress sandwich, which has been the most popular lunchtime snack for years, has been overtaken...
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Tesco attacks brands’ NPD record
The head of alcohol buying at the country’s biggest supermarket has called 2004 “possibly the poorest year on record” for innovation and is calling for new energy to be injected into the category.Mark Murphy, category director at Tesco, told...
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Tesco guidance on shelf-ready
Tesco is planning to launch a new shelf-ready packaging toolkit to help suppliers develop more suitable packaging following a night-time replenishment exercise at its Solihull store last week (The Grocer, November 6, p10).Tesco food supply...
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Tesco’s McMeikan to be retail director at JS
Tesco’s Ken McMeikan has been appointed retail director for Sainsbury and will join the operating board in early 2005. McMeikan has worked at Tesco for the last 14 years and was in line to take on the role of chief executive of its Japanese...