Tesco - Latest News and Analysis – Page 293
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Central Europe: Expansion will push the markets to saturatio
Central European markets such as Poland and the Czech Republic will reach saturation point next year if retailers' expansion plans are realised, claims a new IGD Market Focus report on the region. Assuming international players such as Tesco and...
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United States: Tesco delivers to US Safeway
Tesco.com is exporting its successful online shopping model across the Atlantic in a bid to turn around the fortunes of Safeway Inc's flagging net shopping division Grocery Works. Under the deal, Tesco will license its store based technology to...
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Asda: Cuts fuelled with £100m
Asda is setting the scene for another summer of supermarket price wars as it raises the stakes on the £70m investment Tesco announced earlier this month. The multiple is taking over £100m off its complete range over the next four months in a bid...
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National Vegetarian Week: A week for the veggies
The Co-operative Group and Tesco are marking National Vegetarian Week (June 25-July 1) with a series of instore initiatives and promotions. The event is organised by the Vegetarian Society, which is also launching an awards ceremony to recognise...
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Wal-Mart in the UK: The last word
Compare and contrast...what the industry had to say at the time of Asda's takeover and the words of wisdom they're offering now, two years on Ex-Tesco chairman Lord MacLaurin of Knebworth (May 1999) "Before entering a new market you must feel you...
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The Grocer focus on petcare: trends and developments
Themed events have already been a success in other food sectors, and Tesco's support for National Pet Week last month and its pet insurance schemes with a free guide to pet astrology were surefire attractions. But quirky ideas have a way of...
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Far East: Tesco links with GE for Thai credit card launch
Tesco is teaming up with the Thai division of US giant General Electric to launch a credit card for shoppers in Thailand this summer. Tesco and GE Capital, General Electric's financial arm, will form a £32m joint venture company to set up and...
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Retail crime: hi-tech drive against crime
Tesco is teaming up with South Wales police in a high tech bid to cut crime across the region. Special computer kiosks are being installed in three stores, Talbot Green, Aberdare and Pontypridd, which will contain crime information. The kiosks...
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Tesco: Wasilewski does it again
Analysts are continuing to wrangle over Tesco's accounting policies after ABN Amro analyst Mark Wasilewski again rattled investors with a second research note suggesting Tesco's accounting policy had inflated earnings per share by up to 10%....
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Ireland: Tesco accuses union of jumping gun as store staff v
Tesco Ireland is bracing itself for strike action on June 29 and July 5 after a ballot by unions found 93% in favour of industrial action over low pay. A spokesman from Mandate, which represents over 9,000 of Tesco's 9,500 staff, said further...
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n With the latest results out, is there hard proof Sir Peter
Sainsbury's fortunes have seemed rather like a runaway trolley over the last few years, complete with wobbly wheels. After years of growing market share, it began haemorrhaging customers and profits while arch rivals Tesco and Asda continued their...
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Asda cheapest in survey for fourth year running
Exclusive Sheila Eggleston Asda is still Britain's cheapest food retailer despite facing intense competition from arch rival Tesco. For the fourth year running, the Wal-Mart subsidiary has notched up the highest number of cheapest baskets in...
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Cadbury's Animals 200g Price promotion 69p Gondola end
Cadbury's cake bars 5 Buy one get one half price Gondola end Tesco Cadbury's ice creams Buy one get one free Gondola end Sainsbury Cadbury's Instant Hot Chocolate Break 400g ...
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Tesco: Online help for the blind
Tesco has adapted its online shopping service to cater for blind and partially sighted people, enabling another two million customers to buy goods from Tesco.com. Tesco collaborated closely with the Royal National Institute for the Blind to create...
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South Korea and Hungary: Tesco backs up rapid growth with ne
Tesco is building the infrastructure to support its rapid growth in South Korea and Hungary this year as work begins on two new state-of-the-art distribution facilities due to open in 2002. Tesco's success in Thailand has been attributed in part to...
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Careers: Tesco offers internet access to jobseekers with DoE
Tesco is extending its thrust in the personnel arena to cater for customers shopping for a new career. It has started trials of a free government sponsored internet point for jobseekers. It partnered with the Department of Education and Employment...
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Opinion: Congratulations are in order
The news that six Tesco directors had each pushed home more than £1m in their trolleys after the multiple smashed the £1bn profits barrier sent media pundits into deepest shock horror mode this week. And therein lies a major challenge. How do you...
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Multiples: Tesco staff set to strike after talks break down
Tesco has come under fire from staff and unions on both sides of the Irish Sea this week for paying substandard wage. Tesco Ireland is bracing itself for industrial action after the latest round of talks with unions over the basic rate of pay broke...
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Obituary: Tesco's Hyman Kreitman dies at 86
Former Tesco joint chairman Hyman Kreitman has died at the age of 86. A son-in-law of the multiple's founder, the late Sir John Cohen, he joined Tesco in 1946 as an executive director when the chain had 95 open-fronted shops. He played a major role...
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Republic of Ireland: Tesco blasts RGDATA's price claims
Tesco Ireland has rounded on Irish independents lobby group RGDATA after it accused the multiple of trumpeting price cuts and then quietly hiking prices up again. Corporate affairs manager Sarah Morris accused the lobby group of being...