Tesco news and analysis – Page 283
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Irish call on chains to disclose profits
Tesco may be among a number of retailers forced to disclose how much profit they make in the Irish Republic, under new proposals aimed at finding out if consumers get a fair deal.In a report to government, a parliamentary committee...
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Multiples cash in on office supplies
Tesco and Asda are vying with specialist stationers in supplying home and basic office supplies, finds Rod AddyIt may be smaller than some non-food categories, but sales of home office supplies are growing rapidly in supermarkets....
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Retailer probe is smoke and mirrors
from C John Smith, chairman and managing director, GreyfriarsSir; Following the publication of the Office of Fair Trading report on the supermarkets code of practice, Tesco’s appointment of a code compliance officer and the...
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Sir Leslie dies at 84
Former Tesco chairman Sir Leslie Porter died on Sunday, aged 84. The husband of Dame Shirley Porter, former Tory leader of Westminster Council and daughter of Tesco founder Sir Jack Cohen, he chaired the multiple from 1973 to 1985. During his...
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Tesco overriders under fire
The head of one of the UK’s largest mushroom packers, Greyfriars, has threatened to launch scathing public attacks on Tesco unless it abandons its policy on overriders.C John Smith said he is planning to use articles in the press to embarrass...
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Kinnerton confectionery sold to investment firm
UK confectionery company, Kinnerton, has been sold to investment firm Zetar for £32m.Kinnerton, which supplies Asda, Co-Op and Tesco, among others, specialises in confectionery and chocolate, particularly those which contain toys and popular...
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Wake up call for province
Tesco has warned suppliers in Northern Ireland that they compete in a global marketplace so must become more efficient as well improve quality.Cliff Kells, commercial manager for Tesco, told suppliers in the province that they were no longer...
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Supermarket domination is unhealthy
from Bilal Bhatti, Financial Services Group, Deloitte & Touche LLPWar on red tape requires investmentfrom John Bowden, chief executive, WCTASir; As the Tesco Express juggernauts its way into the...
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Call for price rise across dairy
Sainsbury and Morrisons this week increased the retail price of their milk by 2p a pint to 32p, following a similar move by Tesco and Asda last week.The upward shift has delighted farmers, who will now try to secure increases across the cheese...
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Bananas get caged
Tesco has implemented a new logistics and point of sale solution for its bananas.Developed by retail equipment supplier Wanzl, the wheeled Banana Cage is designed to keep fruit moving through the supply chain with minimal handling.The...
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Tesco’s control complete
Tesco has decimated the competition over the last 12 months, stealing £1bn of business from rivals and picking up the lion’s share of lost trade from Sainsbury, Marks and Spencer and Morrisons/Safeway, according to new switching data from...
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Supplier Spotlight
Fresh produce packing company Greyfriars experienced a rollercoaster year in 2004. Within days of being awarded Packer of the Year at the Re:fresh 2004 industry awards it was dumped by one of its major clients, Tesco, whom it supplied with...
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Tipperary fights Tesco and Dunnes
An Irish town has revolted over a bid to prevent new supermarkets being built by Tesco and Dunnes, the two big players in the grocery sector.Tipperary Town Council had granted planning permission for the developments on the outskirts of the...
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Tesco Computer for Schools claims down
Schools are claiming less equipment through Tesco’s Computers for School promotions that they did six years ago, according to an analysis by The Guardian.The amount of schools collecting the vouchers has risen to over 24,000 in the last few...
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Asda and Tesco put up milk price
Asda and Tesco have increased the price of a pint of milk in their stores by 2p to 32p.Tesco made the first move, raising its price on Tuesday, with Asda following suit a day later.Both said at least some of the increase would be passed...
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Tesco shelf-ready double whammy comes under fire
Tesco is coming under increased fire from suppliers for attempting to make them carry the cost of shelf-ready packaging.
The retailer is currently rolling wheeled merchandising units to its bread and beer fixtures (The Grocer, February 26, p12)…. -
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Tesco ditches Romney Marsh
Tesco has shaken up its potato supply contracts, resulting in sizeable redundancies at one of its long-standing suppliers, which is now facing ruin.The Romney Marsh Potato Company said it had been forced to shed 81 of its 104 staff following...
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stores’ fair trade initiatives welcome
from Stuart Palmer, marketing director, TraidcraftSir; Thanks for highlighting the fact that the UK is now the world’s largest fair trade market (‘Tradecraft in Tesco attack’, The Grocer, February 19, p6). Traidcraft welcomes the...
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Walking with Tesco
Meat processor St Merryn Foods and Tesco teamed up last week to convince farmers of the merits of supplying the UK’s number one retailer.At a ‘walk the chain’ event in South Wales, red meat producers heard how Tesco was developing its British...