Tesco - Latest News and Analysis – Page 296
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Republic of Ireland: Tesco stokes Irish price war with 18% c
Tesco set off a fresh supermarket price war in the Irish Republic with reductions which it claims average 18% on a range of more than 50 items. Superquinn, the smallest of the major chains, hit back immediately with matching price cuts. "We never...
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TESCO CHOOSES ORANGE RIVER PRODUCERS
As the South African seedless grape season in the Orange River region gets into full swing, Tesco has awarded its Nature's Choice accreditation to four major producers, Peu Bezuidenhout, Brennie Wiehahn, RK Oosthuizen & Sons and the Karsten Group....
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Republic of Ireland: Dublin the exception as Irish ban large
The Irish government has rubberstamped temporary planning guidelines banning large retail developments in the Republic, scuppering any lingering hopes harboured by Dunnes and Tesco of building market share through big out of town superstores. ...
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Internet shopping: Tesco pulls in girl power through iVillag
Venture set to generate profits in about three years; Tesco looks to Korea and US Tesco.com chief John Browett expects traffic at the new women's online portal iVillage.co.uk will "run into millions". Launching the UK version of leading US women's...
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Pricing: Retailers prefer promotions to EDLP
Every Day Low Pricing has been less obvious in UK stores during the last six months, with only Tesco fully embracing the concept, according to Taylor Nelson Sofres research. TNS Superpanel account director Michael Hawkins said Tesco had halved the...
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Republic of Ireland: Quinn hits out at Foley fears of big th
The three big players in the Irish retail market Tesco, Dunnes and Superquinn have been shown the yellow card by Consumer Affairs Director Carmel Foley, who has accused them of matching each other's prices. Foley has asked the Competition...
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Tesco impresses in Asia
Brokers have been busily upgrading Tesco stock following an investor relations trip to the retailer's Asian stores. Describing Tesco as a "strong international challenger," Goldman Sachs and Lehman Bros have raised their price targets for its...
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Retail spotlight: Forecourt vehicles
Sainsbury's Local has pulled into the filling station. Anne Bruce sees what's on offer and compares it to Tesco's Express Sainsbury has joined its multiple rivals on the forecourts with the unveiling of its first collaboration with Shell in...
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Hungary: Carrefour pulls out but Tesco digs in
Carrefour has pulled the plug on its Hungarian operations and turned its attention towards Romania and China. Describing the trading environment in Hungary as “incredibly tough”, the head of Carrefour’s Hungarian subsidiary Alain Bonnefin said the…
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Home shopping: Non-food is key in Asda's online battle with
Asda's late entry into on-line shopping needn't condemn it to playing second fiddle to Tesco, says market researcher Verdict. And non food could prove to be the key factor in the race for cybersupremacy, it says. Asda has announced plans to roll...
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Republic of Ireland: Multiples' pricing parity sparks watchd
A prices survey now under way could lead to an investigation of the two largest chains in the Irish market, Tesco and Dunnes Stores. The four month survey, which will conclude in December, is monitoring the price of 35 branded products, from...
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Profile: David Potts, retail director Tesco
David Potts: curriculum vitae Born: March 1957 Education: Hartshead High School, Tameside College and Hollings College, Manchester. 1973 Joined Tesco as a general assistant, gaining place on management training scheme 1981 Appointed general...
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SIAL show review: Also seen in Paris this week...
A range of organic chicken nuggets on the Moy Park stand attracted interest from continental buyers. The product, which has been added to Tesco's newly expanded range of organics, is available in both 250g and 500g pack sizes. Pudding fans were...
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Retail spotlight: Tesco in Budapest
Eastward Ho! East meets West in the brands that can be found on Tesco shelves in Budapest, and the locals love it. Clive Beddall reports from the Hungarian capital The scene's familiar, but the location is not. It's 11am on a crisp autumn...
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The Grocer guide to careers: What it's like
The art of getting noticed Let's face it, not many graduates leave university with a burning desire to start selling custard creams to a sceptical buyer at Tesco. It just doesn't appear quite as sexy as selling media space or working at the cutting...
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The Grocer guide to careers: How to get a job in retail, Tes
Power and people Tesco prides itself on the dynamism that has made it into Britain's top supermarket chain. In a little over 70 years it has grown from a single shop in Edgware to become the largest food retailer in the country with nearly 600...
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Internet retailing: Refreshed Tesco woos online shoppers
Exclusive Anne Bruce Tesco.com is preparing to revamp its home shopping website and introduce two major initiatives. Carolyn Bradley, chief operating officer, says the company is already trialing a new e-Clubcard scheme and is developing a store...
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In the city: Tesco's price cuts and the shadow of the impend
Investors holding stock in the supermarkets sector seemed to get very twitchy this week but perhaps with good reason. First, there was the news Tesco was knocking another £55m off its prices as the supermarket price war entered a new phase. And...
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Promotions: Tesco's Record Breakers!
Tesco is trying to galvanise its sales through a new staff initiative dubbed Record Breakers. The scheme revolves around a three-month promotion on 12 different products and categories. A bonus scheme encourages store staff to drive sales of the...
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Management: Change is easy for companies that can accept mis
Organisations must be prepared to abandon traditional ways of managing people if they are to prosper in the new business age, according to Terry Leahy, chief executive of Tesco. "The nature of modern society and modern competition as industries...