Tesco - Latest News and Analysis – Page 287
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Alcoholic drinks get high on floor stacks and household clea
Morrisons remains at the top of the fascia chart although Asda continues to close the gap, standing just two percentage points behind at number two. Tesco and Somerfield retain their positions from last week, while Safeway moves up the chart to...
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Today's Group md Rodney Hunt has taken over from Steve Parfe
Tesco says its sales of widescreen TVs are up 220% since Easter as shoppers prepare for a summer of sport. The supermarket is budgeting for a 500% year-on-year rise in widescreen TV sales in May. Londis has now converted 47 stores to its Genesis...
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Grape juice brand finds a UK launchpad at Tesco and JS
Leading US soft drink brand Welch's is aiming to squeeze itself a share of the UK market with its first launches on this side of the Atlantic. The $650m grape juice brand, which dates back to 1869 in the States, is rolling its first products out to...
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Skincare is at the frontline of the major retailers' battle
Tesco has made skincare a critical part of its non food strategy, says beauty team leader Kerry Robinson. "In the last 12 months we have taken the lead from Boots in toiletries and we're closing the gap in beauty overall," says Robinson. TNS figures...
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There's bunching in the field after Morrisons and drinks spr
Morrisons sits at the top of the fascia chart but again it's lead has been reduced as Asda moves up into second position followed by Sainsbury which comes in at number three. Tesco and Safeway have both moved down the chart, although there are...
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Scottish RDC is designed to spur Safeway to no 1
Anne Bruce Safeway plans to open a new regional distribution centre in its traditional Scottish stronghold as it vies with Tesco and Asda to be the region's number one food retailer. Safeway logistics director Lawrence Christensen said that...
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Tesco Ireland baffled' by union staff loss fear
Tesco Ireland has dismissed claims from shopworkers' union Mandate that retail staff turnover rates are spiralling out of control. Mandate president Owen Nulty told union conference delegates in Tralee, County Kerry, that nine out of every 10...
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Alcoholic drinks brands top the chart and give Morrisons a l
Morrisons again leads the fascia chart with alcoholic drink promotions still highly prominent. Price promotions and bogof offers have been used extensively by Morrisons although its lead in the chart has been cut to under 10%. Tesco's rise up the...
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Tesco in top form' as share rises
Tesco was this week eagerly telling the City how its market share had grown "significantly" in the past year. In particular, its executives flagged up the last quarter of its financial year, saying it was the multiple's best for five years in terms...
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Standalone Express c-stores still on Tesco's priority list
Tesco this week admitted it was no nearer opening standalone Express c-stores seven months after announcing plans to launch them. However, Tesco boss Sir Terry Leahy confirmed standalone sites were still in the pipeline although he could not...
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Nestlé working hard in cereals; Cadbury pushes cakes, biscui
Though Morrisons remains at the top of the chart this week its domination has become less pronounced with the gap between numbers one and two being reduced by half with less than nine percentage points separating the two positions. Tesco moves up...
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Tesco and Asda to follow Sainsbury with trials of radio fre
UK multiples are lining up to test source tagging technologies in collaboration with academic and commercial body the Auto-ID centre. Sainsbury is leading the way by announcing plans to introduce source tagging throughout its supply chain (see p4)....
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Sir Terry hails Tesco's arrival as major international group
Tesco bosses said 2001 marked Tesco's coming of age as an international business with overseas stores finally making a substantial contribution to group profits. Speaking at the company's annual results presentation, chief executive Sir Terry...
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Much ado about something
I am probably not alone in thinking it was somewhat tragic that coverage by some parts of the media of Tesco's sparkling results was masked by its latest imbroglio with the Advertising Standards Authority. The story in case you missed it is...
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Sales at Tesco.com rose 50% to £356m in the year to February
Regulators in Brussels and the Ukraine have given the green light to Scottish & Newcastle's £1.2bn deal to buy Finnish brewer Hartwall. The deal must now be approved by S&N shareholders. Nestlé posted a 10.1% increase in sales for the first quarter...
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A ton of Taste the Difference
Sainsbury's move to up the stakes in the battle for own label dominance got under way in earnest this week. The Grocer last week revealed how Britain's second biggest multiple was stepping up its battle with Tesco by adding more than 100 products...
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Brands or own label, alcoholic drinks dominates the space
Morrisons has increased its lead in the fascia chart this week with a multitude of floor stacks and off fixture displays in store. Alcoholic drinks is particularly strong in Morrisons. Asda moves up one place to number two while Tesco takes the...
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The Meat and Livestock Commission has made 19 staff redundan
Poultry supplier Moy Park has applied to rejoin the RSPCA's Freedom Food animal welfare assurance scheme, with inspections of its 60 farms due to be completed shortly. It was caught using the assurance mark without permission on Tesco Finest...
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Tesco works to change consumer perceptions with screw-cap ra
Tesco has upped the ante in the great cork debate, launching a collection of mid-range, screw-capped wines and attacking the cork industry. The Grocer last week revealed how an industry survey claimed 75% of UK consumers prefer cork closures....