Tesco - Latest News and Analysis – Page 294
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Isle of Man: Offshore store wars
Tesco's arrival means times are getting tougher for the Isle of Man's retailers. But the giant is not getting it all its own way says Ed Bedington Dismiss the Isle of Man as a quiet backwater at your peril. On top of overcoming the daily...
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Tesco: Analyst's sell' perplexes the City
ABN Amro analyst Mark Wasilewski's widely publicised sell' recommendation on Tesco has perplexed many of his counterparts in the City. The only broker to issue a sell recommendation on the stock, Wasilewski expressed surprise at the retailer's...
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US online shopping: Rocky ride stateside
Pure players in the US home shopping market have found the trail to profit growing cold while even bricks and mortar based grocers struggle with the logistics. Helen Gregory reports The US was into home shopping long before Tesco Direct vans...
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Republic of Ireland: Strike vote hits Tesco
Tesco's 9,500 Irish staff are to vote on strike action at its 76 stores across the Republic in support of a claim for "significant and substantial pay increases". The two unions involved, Mandate and SIPTU, decided to call a ballot because of what...
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Republic of Ireland: Another round of cuts by Tesco
Tesco has set off another round of price cuts in the Irish Republic its fourth since last September with an average 12% reduction on 120 food and grocery items in its 76 stores. The cuts were immediately matched by Superquinn which also added...
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Republic of Ireland: Tesco aloof as OECD sparks below cost r
A call for the abolition of the Irish Republic's Groceries Order which bans below price selling has re-ignited the long-running dispute over the legislation. The Organisation for Economic Co-operation and Development, an influential European...
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Tesco: Train and gain
Ed Bedington reports on an ambitious commitment to staff development Tesco staff will be heading back to school as the company steps up plans to build a better business on solid foundations its employees. The chain is currently developing a...
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What does a man have to do!
Terry Leahy can't win. If the Tesco chief executive were to chalk up £3bn worth of pre-tax profits, immediately donate £1bn to the farmers and then give another £1bn to the National Union of Journalists Benevolent Fund he would still find a pack of...
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Multiples: Tesco's Leahy warns of no price war let-up
Tesco has vowed to continue its price war with the rest of the sector after announcing record-breaking £1.07 billion profits. Chief executive Terry Leahy said its price battle would continue with the whole industry, not just Asda. "There won't be a...
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MULTIPLES: NFU HEAD OFFICE SUPPORT FOR TESCO
Despite widespread media reports this week suggesting a rift between the two, the NFU has spoken out in support of Tesco as the multiple announced record profits. NFU head of marketing Helen Lo told The Grocer: "We recognise Tesco as the number one...
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Italy: Esselunga hams it up for launch of home shopping
Leading Italian retailer Esselunga has launched a home shopping web site developed for it by Unipower Solutions Europe, which helped develop Tesco's service. Initially the service will be available to customers in Monza with a wider rollout later...
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Miranda gives Tesco a frosty look
An Australian family winemaker has thrown out the rule book on packaging to introduce its new wine. The bottle for ICE2 has been specifically designed to target style conscious, adventurous young consumers. It contains a Chardonnay varietal made...
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Republic of Ireland: Here's a tail: Tesco shut down by mice
A Tesco store in a Dublin suburb was shut down for two days by environmental health officers because of mice infestation. Inspectors moved into the store in Prussia Street after a consumer complaint. They found dead and live mice and mice...
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Multiples and designer gear: Grey fight breakthrough
Asda has put grey market designer sunglasses on sale as the European Court of Justice rules in favour of Tesco in its battle with Levis. The interim ruling clarifies EU law on grey market imports and will open the floodgates for sales of knockdown...
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Tesco: Training academy second to none'
Tesco is planning to develop a state of the art training academy which will be open to all grades of staff. Learning director Kim Birnie said the college will provide first rate training facilities for all Tesco staff. "The Tesco Academy is still...
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We are not amused at white van man
Those trusty white Tesco Direct vans are no longer good enough for some of its posher clients the ones who spend weekends in the country around Sandringham. Trials began at its Norwich store this week using a far more discreet Range Rover bearing...
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Magazines: NatMag shops at Tesco to launch in store campaign
The National Magazine Company has joined with Tesco to offer customers a discount on its leading home titles Your Home and House Beautiful. The offer will be available in all 608 Tesco stores nationwide and promoted with a specially designed...
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Magazines: Supermarkets sustain sales rise as CTNs continue
The supermarket groups continue to expand their share of the magazines market. The latest Monthly Monitor from Seymour Marketing shows that between September and November, Tesco gained 0.2% of the market and Sainsbury 0.1%, compared with August to...
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Tesco leaflets
Tesco has an annoying habit of always getting things right and that even seems to be true of its leaflets. When one of our team opened his local freebie, he was not too surprised to see a copy of Tesco News the multiple's regular price...
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International expansion: Tesco invests in Thailand
Tesco is stepping up its presence in Thailand with a significant investment package over the next two years which will take its total number of stores in the country to 36 and its total investment in Thailand to £560m by the end of 2002. Tesco...