Tesco news and analysis – Page 296
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Tesco switches on digital trials
Tesco was this week formalising its strategy for an instore digital screen network after taking delivery of its feasibility study last week. Media manager Bill Pennell said he now had a clearer idea how to manage the network and which suppliers...
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Bidding frenzy turns to a PR campaign
Elaine Watson Tesco and Morrisons have launched a charm offensive to persuade shareholders, suppliers and consumer groups they are the best bet for Safeway. The bidding frenzy surrounding the chain has fallen into a lull as potential...
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Press round-up ... Safeway
The Sunday Telegraph reported that it had obtained details of the OFT’s unexpected view that the boundaries may need to be redrawn for assessing if any Safeway stores should be sold to Asda, Morrisons, Sainsbury or Tesco.The paper said...
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Cashing in on delivery
As independentschange, what fate awaits cash and carries? By Elaine Watson Warnings of doom for the independent retailer have been coming in almost as fast as bids for Safeway since Tesco announced plans to get into neighbourhood retailing....
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Tesco renews assault on Irish market
Elaine Watson Tesco Ireland is ramping up store openings this year after a relative lull in 2002. Six new stores and three replacement stores are planned, taking store numbers in the Irish Republic up to 82 as part of a £66m investment....
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Tesco expands in Republic of Ireland
Tesco is to open six new supermarkets creating 1,500 jobs in a £66m expansion of operations in the Republic of Ireland.The group will open six new stores, replace three existing ones and build a new distribution centre in Dublin. Of...
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I was floored by the Twist
Tesco group human resources director Clare Chapman was amazed by the range of questions she had to field during a stint on the shop floor. She explains how the TWIST scheme is revolutionising customer service I was standing nervously behind the...
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Tesco's stock-out crisis revealed
Ready meals is one of the growth sectors in frozen food, being a destination for family shoppers but more impulse driven for a single customers. Promotions are important across the board.Availability is therefore of utmost importance. Research...
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Tesco stock crisis shown
A fifth of frozen ready meals on promotion at Tesco have availability issues while 14% of non-promotional stock is at risk of being out of stock, according to The Grocer's first StockWatch category survey launching this week. The survey, which...
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Game of consequences
Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can’t afford to let either of them get their hands on it. Sir Ken Morrison, meanwhile, looks set to laugh all the way to the...
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Game of consequences
How will the smaller players be hit by the fallout from the battle for Safeway asks Elaine Watson Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can't afford to let...
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Leahy: bid not a spoiling tactic
Siân Harrington Tesco boss Sir Terry Leahy was this week adamant his prospective bid for Safeway was a serious offer and not a spoiling tactic. Leahy told The Grocer he understood the market's incredulity at the news Tesco had filed a...
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If you don't like it, you'd better shout
We have said all along that the country's biggest retailer would not stand idly by while its two main rivals fought for Safeway in what is now recognised as being the last big deal in British grocery. Like every commentator, we assumed Tesco would...
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Tesco to tussle for Safeway
Tesco has entered the battle for control of supermarket chain Safeway and said it is making a submission to the Office of Fair Trading in relation to a possible bid.Tesco boss Sir Terry Leahy said: “We have always understood that competition...
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The outlook at the OFT
The T&S deal got the go-ahead from the OFT after it ruled that convenience stores were a separate market to supermarkets (a reason why some industry watchers believe Tesco could consider swooping on smaller Safeway stores). But the OFT will not...
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Meanwhile, at Tesco...
If you switched on the news any night this week, the chances were you caught Sir Peter, Sir Ken or Mr DeNunzio explaining why hoisting their respective fascias over Safeway's front door offered consumers the best deal. The only supermarket boss...
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Express fails to dent high street
Tesco's first standalone Express is exceeding sales targets, according to the company, but its customer research suggests Value lines should be added to the range. Customers surveyed during December said their main reasons for shopping at the...
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Deals get cut to size
Supplier negotiations are becoming more complex as the multiples push for format-specific deals with one-size-fits-all thinking being scrapped says Elaine Watson What's the difference between a Tesco Extra and a Tesco Metro? Right now, not much,...
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Conversion to take six years'
Elaine Watson Tesco's aim to convert half the One Stop/Day & Nite estate to the Express format in four years looks overly ambitious, according to a new IGD report. In Convenience Retailing: Implications of Market Consolidation, IGD claims...
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Tesco factory gate switch reaches 30%
Almost 30% of the cases delivered to Tesco's distribution centres now arrive on Tesco trucks as it presses on with its factory gate pricing initiative. Just over a year after Tesco started taking responsibility for the collection of goods from...