Tesco news and analysis – Page 288
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Branstons: bring ’em on!
Supplier rationalisation means Tesco’s largest source of potatoes, Branston, will buy another 40,000 tonnes next year, taking its total to more than 180,000 tonnes.“The additional tonnage we need is a big opportunity for growers in Kent, Sussex...
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Tesco’s RFID schedule falters
Tesco’s timetable for RFID is understood to have slipped substantially, with the first wave of suppliers unlikely to start labelling cases for Tesco RDCs until well into next year.Speaking at Tesco’s interim results this week, Tesco finance...
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No stopping for One Stop
Tesco is to open up to 25 One Stop convenience stores a year once it has pared back the existing chain to 500 outlets.Colin Holmes, chief executive of Tesco’s convenience operation, said the retailer was “absolutely committed” to the fascia....
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Krispy Kreme to open in Tesco
Tesco is opening a Krispy Kreme doughnut concession at its Watford Extra hypermarket in early October. The store within a store concept will include Krispy Kreme’s trademark doughnut theatre (where customers can see the doughnuts being...
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Tesco buys 10 Safeway stores
Tesco has bought 10 Safeway stores from rival retailer Morrisons for around £87.6m. This is the latest batch of store divestments by Morrisons since the completion of its takeover of Safeway in March. Morrisons was required to sell the...
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BP tipped for success
Tesco and BP are likely to be the most successful convenience operators in five years’ time, according to shoppers and industry experts.In a survey of 500 shoppers and 150 retailers, suppliers and experts, a massive 96% ranked Tesco in the top...
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tesco RFID delay
Tesco has not been able to progress as fast as it would like on implementing RFID through its supply chain due to the delay in the setting of global standards for the technology, according to a spokesman. “We will work with our suppliers in a...
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Tesco sponsors fruit show
Tesco is to sponsor this year’s National Fruit Show, to be held at the County Showground in Detling, Kent, from October 20-21.The event is the high point in the English apple and pear calendar and a showcase for the industry at the time when...
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Express way for affluent singles
How is Tesco Express being adjusted to fit the Adminstore clientele? Liz Hamson reportsResearch also pointed to the demand for more fresh meat and poultry – which have been given two modules instead of the usual one, as well as a...
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Symbols of super-cool confidence
The province’s convenience sector appears supremely relaxed about the Tesco Express’ debut there. Ronan Hegarty finds out whyThe arrival of the UK’s biggest retailer on their doorstep is enough to make most convenience operators’...
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Easy target
Food retailing must counter the barrage of negative press it gets but doesn’t deserve, according to CIES. Fiona McLelland reportsWal-Mart, Tesco, Carrefour et al are often accused of abusing their power. If they’re not exploiting...
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Asda begins its trials of instore digital media
Asda launches its instore plasma screen trial on Monday (September 6) in its Wembley and York stores.The retailer, which is following in the footsteps of Tesco and Spar, is testing different screen positions and creative executions over the...
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Tesco takes a ‘very big step’ with traffic lights
Tesco will introduce its controversial new traffic lights labelling system to customers this month via consumer panels.The traffic lights system, which has been criticised by suppliers as simplistic and unfair, is designed to help customers...
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Express gets freshened up
Tesco is taking its product range upmarket at the converted Adminstore outlets to reflect the tastes of the 45-store chain’s predominantly central London customer base.Speaking exclusively to The Grocer following the opening last Monday of one...
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Tesco enters broadband market
Tesco is moving into the broadband market with the launch of its own-brand internet access service at £19.97 per month.The service will compete with BT, Wanadoo and AOL high-speed access services, and to entice customers further Tesco is...
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Tesco revamps Beer Challenge
Tesco is launching a brewing competition, giving small producers the chance to win a national listing and potentially lucrative, free advertising.The Brewing Awards will incorporate the existing Tesco Beer Challenge and for the first time...
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Express debuts in Belfast
Tesco is opening a new front in its battle to dominate the c-store sector with its first Express store in Northern Ireland.Opening on Monday, the store is in Ballyhackamore, east Belfast and goes head to head with a flagship Spar forecourt...
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TM Retail estate swells with Tesco Dillons sale
Tesco has finally sold the 181-store Dillons CTN chain to TM Retail for just £8.3m with a further £4m to £5m for the stock.The companies refused to disclose the price but financial sources confirmed the details.Tesco acquired Dillons when...
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Top two a serious threat in non-food
Grocery multiples now retail over £67bn per annum and non-food (clothing, general merchandise, music and video and electrical) is the fastest growing category, with a 15% year-on-year growth according to ACNielsen Scantrack. Tesco and Asda...
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Wiseman wins again with Tesco milk deal
Robert Wiseman Dairies has been successful in Tesco’s review of its fresh milk supply arrangements, as well as increasing its fresh milk share at Sainsbury, as reported yesterday.The company will now hold a 60% share of Tesco’s fresh milk...