Tesco news and analysis – Page 288
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News
Tesco’s suncare is a bright spot
The holiday season is here so this month’s report is on sun protection products.The average multiple has 68 skus on a typical fixture, with 20% of the category on promotion. In managing availability, 9% of normal lines were low on stock and 21%...
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Tesco moves 420 jobs to India
Tesco is moving 420 jobs to Bangalore, India, from three of its offices in the UK, according to a Reuters news report.The jobs will be from offices in Cardiff, Dundee and Welwyn Garden City, in the areas of business support.The retailer has...
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Tesco to expand mobile market
Tesco is planning to relaunch its mobile phone market to offer more handsets and increased shelf space.The retailer currently has about 250,000 mobile phone customers and it plans to broaden the range of the products it offers in order to...
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Ager takes China role
Senior Tesco executive Steve Ager is to become president of the Chinese joint venture announced this week.His 27-year career at Tesco has included senior buying jobs, which saw him launch the Finest brand, and more recently a two-year stint...
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Ager takes China role
Senior Tesco executive Steve Ager is to become president of the Chinese joint venture announced this week.His 27-year career at Tesco has included senior buying jobs, which saw him launch the Finest brand, and more recently a two-year stint...
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Tesco in china
Tesco has entered the Chinese market in a joint venture,as predicted in The Grocer (March 6, p16) The 50:50 agreement is between Tesco and Ting Hsin, for its subsidiary Hymall stores. Tesco will acquire 50% of the equity for Hymall for...
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Tesco in china
Tesco has entered the Chinese market in a joint venture,as predicted in The Grocer (March 6, p16) The 50:50 agreement is between Tesco and Ting Hsin, for its subsidiary Hymall stores. Tesco will acquire 50% of the equity for Hymall for...
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Informationtechnologybridging the gap or widening the gulf?
Big retailers have many natural advantages over their smaller counterparts.Take Tesco, which pays 10-15% less for its goods than smaller rivals, according to the Competition Commission in 2000. From haulage to photocopier paper,...
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Most welcome guests
Pub drinkers are responsible for guest beers’ increasing presence in supermarketsSupermarkets are stepping up their offering of locally-sourced beers in response to consumer demand.Both Tesco and Asda are launching new ranges of...
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Tesco’s virtual tour
Tesco has launched a new website that details its diverse range of services under one roof.The portal – www.tesco-home.com – is designed as an interactive house, which lets browsers navigate through various rooms, each linked to different...
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Tesco moves into China
Tesco has announced today that it has signed a JV agreement for the Hymall chain stores in China.The 50:50 agreement is between Tesco and Ting Hsin, for its wholly owned subsidiary of Ting Cao, which owns the Hymall stores. Tesco will acquire...
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Talas goes to Thierry’s
Lindsay Talas, Tesco’s product development manager for beers, wines & spirits, is to join Romsey-based wine agency Thierry’s as deputy buying director.Talas will be charged with boosting sales of brands such as French Kiss and Hanging Rock...
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More price cuts at Tesco
Tesco plans to make healthy food more affordable and will cut £50m off prices next week.This will be the third price cut it has announced this year, meaning its prices will have been reduced nearly £200m since Christmas.Marketing...
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The arrival of Tesco Law
Tesco has further extended its brand with the launch of Tesco Law, an online store which aims to sell a range of free and low-cost legal services.Products on offer include directories of solicitors as well as packs enabling people to construct...
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Harrison quits Baxters for Rachel’s Organic
Martin Harrison, sales and marketing manager for Baxters Foods chilled soups division, has been recruited as national account manager for the Rachel’s Organic brand.He initially takes responsibility for managing the Tesco, Waitrose and Asda...
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Organics in growth
Tesco is set to broaden its newly redesigned organic range in response to customer demand. This month sees the introduction of organic raspberries in its stores, as well as Camembert and Brie.According to the retail chain’s research, organic...
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Food and beer sales up during Euro 2004
The success of the England football team so far in Euro 2004 has boosted sales in many pubs, clubs, bars and supermarkets.Sainsbury said pre-match sales of pizza have risen by 20% and Tesco has reported an increase in sales of convenience...
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Brand loyalty will count for little
Tesco looks set to see strong sales growth in the north-west when its Extra store opens in Portwood, Stockport.Despite having an impact on five existing Tesco stores, the 101,500 sq ft store should return a net sales increase to the group of...
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Hailing the industry heroes
Asda was named Britain’s favourite supermarket for the second year running at The Grocer Gold Awards this week while Tesco was clear winner in the grocer of the year category. Asda president and CEO Tony DeNunzio said he was delighted to...