Tesco news and analysis – Page 283
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News
Tesco RFID hits higher gear
Tesco is embarking on a major roll out of RFID in its supply chain with plans to install readers across its entire depot and store network by the end of the year.Under a deal struck with electronic security systems expert ADT, Tesco will...
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Supermarkets win the Christmas battle, says new research for The Grocer
Tesco, Asda and Waitrose emerged clear winners over the Christmas period, with sales growths between 10% and 20% compared to the same period last year. Sales across the grocery channel for the four weeks to December 25, 2004 were up 9.2%....
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Tesco and Asda buy Big W stores from Woolworths
Tesco and Asda have bought seven out-of-town Big W stores from UK retailer Woolworths following a recent auction of the stores.The stores are the only ones out of the chain of 21 Big W stores that have permission for food retailing, and they...
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It’s a non-food steal for top 2
Tesco is set to emerge top of the Christmas retailing battle, say analysts, who predict the big supermarkets will have fared better than the high street.As the multiples prepare to reveal Christmas figures, City analysts said sales would not be...
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Tesco shoppers don’t like being churned up
Tesco is reassessing its range review processes after customers complained that there was too much churn.Food supply director Joe Dybell declined to give details but confirmed that customers wanted greater consistency. He added: “Customers tell...
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Netto’s meal challenge
Discount supermarket chain Netto is challenging premium own label brands, such as Tesco Finest, Sainsbury’s Taste the Difference and Asda Extra Special, with a new own label range of chilled ready meals.The new six-strong range has been...
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NBA relief as mince war ends
Minced beef prices in Tesco and Asda have returned to the levels they were before the multiples’ price war on fresh beef began.Information gathered by The Grocer 33 price survey on January 4 shows that both multiples have increased the price of...
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GI firepower for Tesco
Tesco has launched a lifestyle and diet book to encourage healthy eating and will label products in store to help shoppers follow the plan.The GI Guide is based on the Glycaemic Index which rates carbohydrates by the effect they have on blood...
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Flying off the shelves (if it’s there)
Tesco has improved but availability is still causing headaches for suppliers and retailers says Siân HarringtonWhen chief executive Sir Terry Leahy stated in 2003 that he wanted Tesco to be number one for availability, it was clear...
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They’re hot properties
When soup suppliers nominated their favourite buyers this month they told us that although their nominees were determined to drive a hard bargain, they were also fair and helped to increase the performance of the soup category.Tesco’s Mark...
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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 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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Chain of disasters
Was Sainsbury’s automated fulfilment system flawed from the start or was it just badly executed?Tesco may have stolen a march on its rivals in the 1990s when it came to investing in its supply chain, conceded Sainsbury’s director of...
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Mince prices starting to firm
There are signs that the fresh beef price war is cooling after it emerged minced beef prices have risen in the stores of arch-rival retailers Tesco and Asda.According to data generated by The Grocer 33 price survey (see p26), the on-shelf cost...
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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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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 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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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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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...