Tesco - Latest News and Analysis – Page 300
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english apples
Multiple sells abundant supplies at lowest prices on record' Tesco volume sales soar Tesco has claimed a massive increase in sales of English apples in the season coming to a close. Buyer Simon Latham said it had reached 57 million, the...
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Tesco sells off Stewarts offies
Tesco is offloading 18 of the Stewarts off licence chain it owns in Northern Ireland. It plans to integrate 30 others with supermarkets but six will be kept for development. Philip Russell, which operates 40 off licences in the province, is a...
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Tesco staff get SAYE cash
Staff at Tesco are in line for an £83m payout this month from the company's Save As You Earn scheme. Savers have invested between £5 and £250 every month in three and five year savings plans. They are due to receive news of payouts in the coming...
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Motoring ahead
What's the story behind Tesco's rising interest in forecourt stores? Camilla Palmer reports The race to capture consumers while they fill up their cars with fuel, or snap up a paper, chocolate bar and a pork pie, has suddenly got faster with the...
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Tesco Express adds 150 forecourt sites
Tesco's plans to expand its portfolio of Tesco Express forecourt stores have been met with concern by independent retailers. The multiple has struck a deal with Esso to open supermarkets on 150 sites during the next three years. But symbol groups...
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Tesco: satisfaction
Tesco CEO Terry Leahy congratulated the Competition Commission for "not getting sucked into the general uninformed clamour" about supermarkets' profitability. Admitting he was "a little surprised" by the positive comments from the Commission in...
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Howegarden receivership
Howegarden has gone into receivership owing in the region of £2m. It supplied more than £10m of produce to major multiples, including Tesco Sainsbury and Somerfield. The business is still continuing to trade and the receivers are hoping to sell…
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WELL, HELLO DOLLIES!
Following successful trials with a number of suppliers and logistics providers in the pioneering use of dollies, Tesco is planning to extend its phased rollout of these merchandising units to handle bulk volume ambient lines over the next few...
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Tesco: a fully automated future
One computer holds the key to the chain's fast track distribution in 2001 meet Tess of the multiples Tesco is trialling a high speed automated cross docking materials handling system at its composite distribution centre in Southampton. Tesco...
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the winners and losers
l Morrisons: In the seven weeks to January 9, sales 19.5% higher than the corresponding year. Like for likes up 15.1% l Tesco: In the seven weeks to January 8, total UK sales up 8.8%. Like for like sales up 5.5% with sales volumes up 4.5% l...
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City puts frighteners on talk of Tesco/M&S link
Tesco bosses have refused to deny a possible tie up with Marks & Spencer even after shareholders saw the value of the former's stocks plummet this week. The continued speculation saw M&S stocks climb as high as 332.5p in the early part of the week...
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Cheap headline prices for own label canned goods have been
In canned fruit, for example, both Asda and Tesco have seen 12% and 9% falls respectively in their year on year sales figures for own label canned fruit, despite continuous low retail prices on the value ranges. Del Monte, with an 18% share of the...
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Tesco gets tough in new GM rules
Tesco has broken ranks with the major supermarket groups by imposing a ban on crops grown in fields that have been host to genetically modified foods. It said the decision would not affect its current suppliers but will help them plan their future...
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Expansions create 28,000 new jobs
The major supermarket chains are set to create 28,000 new jobs in the UK in the coming year. Tesco leads the way with a promise of 10,000 new staff in 22 new UK stores. It is also expanding its home delivery service currently operated from its...
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Millennium Babies
Last September Tesco launched a baby and toddler catalogue as part of its mail order home shopping service. It was another strand of Tesco's stategy to provide a complete one stop shopping service covering every facet of the babycare products...