All Tesco articles – Page 175
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Analysis
Analysis: How has Asda pushed profits up?
Asda today reported a 6% uplift in operating profits to £857m last year despite its new convenience store business running up £31m losses. Retail Week looks at the grocer’s growth.
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Analysis
Online delivery charges: What do retailers need to know?
Sainsbury’s is to implement a minimum order for online shoppers in an attempt to “discourage” smaller baskets. Retail Week looks at the reasons behind the move and what its rivals are doing.
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Analysis
Analysis: The rise of the supermarkets
Food retail has been transformed in the last 20 years. Rebecca Thomson looks at how the sector has changed and its prospects.
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Opinion
Comment: Tesco UK recovery likely to accelerate
Tesco boss Philip Clarke will not have thanked the way the financial stars aligned this week to bring Tesco and Sainsbury’s results on the same day, albeit for different reporting periods.
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News
‘New chapter’ for Tesco pledges bullish Philip Clarke
Tesco group chief executive Philip Clarke aims to rewrite Sir Terry Leahy’s retail book as he opens a “new chapter” in the grocer’s story.
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News
Tesco adds its support to Fair Rates for Retail campaign
The UK’s largest retailer, Tesco, has backed the Retail Week and British Retail Consortium campaign for a rates freeze next year. The Government has reacted coolly however.
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Interview
Q&A: Tesco chief executive Philip Clarke
Tesco reported an 11.6% plunge in first half profits as today as it invests £1bn in improving its UK stores. Chief executive Philip Clarke and chief financial officer Laurie McIlwee met journalists in London to discuss the grocer’s performance.
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Opinion
Comment: Clarke may face a tough road ahead
The fact that Tesco has announced a drop in profits this morning hasn’t come as a surprise to many – and yet that doesn’t make the news any more comforting to investors.
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Analysis
Sainsbury's v Tesco: Head to Head
Tesco and Sainsbury’s gave an insight into their first half performance today. Retail Week takes a look at how they measure up against each other.
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Analysis
Analysis: Is Tesco’s turnaround plan working?
Tesco revealed an improved performance in its UK like-for-likes this morning. Retail Week takes a look at how chief executive Philip Clarke’s £1bn strategy to revive the domestic business is faring.
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Opinion
Comment: The UK is not Tesco's only problem
While all eyes are on Tesco’s UK business, today’s interim results show that the grocer’s domestic market is not its only problem.
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Analysis
Video: Tesco plots UK turnaround
Tesco is using several tactics including introducing more staff, expanding its click and collect service and improving its digital offer to win shoppers. The retailer explains the changes to the business and its innovations in these videos.
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Analysis
Tesco: What the analysts say
Supermarket giant Tesco has revealed disappointing results, posting its first profits fall since 1994 despite ploughing £1bn into its turnaround for the 26 weeks to August 25. Analysts expressed concern over the grocer’s overseas operations.
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News
Sainsbury's like-for-likes grow after 'unique' summer
Sainsbury’s reported an increase in sales and like-for-like growth in the second quarter aided by its Paralympic sponsorship.
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News
Tesco profits fall 11.6% despite Q2 sales growth
Tesco has reported its first decline in profits since 1994 after investing £1bn in its UK turnaround plan.
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News
Former Tesco boss Brasher set to join South Africa's Pick n Pay
Former Tesco chief executive Richard Brasher is understood to have joined South African retailer Pick n Pay.
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News
Jacques Vert hires Sarah Morris as group trading director
Jacques Vert has appointed former John Lewis merchandise operations director Sarah Morris as its group trading director.
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Analysis
In pictures: Tesco backed coffee shop, Harris & Hoole
Tesco may be backing ‘artisan’ coffee shop Harris & Hoole but the cafe has a very distinct identity of its own.
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News
DFS signs up to former Tesco chairman's digital receipts service
DFS has inked a deal with former Tesco chairman Lord MacLaurin’s digital receipts start-up.
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Analysis
Analysis: What has Nectar done for Sainsbury’s?
As Nectar celebrates 10 years since its formation, Alex Lawson meets the loyalty firm and its founding partner Sainsbury’s to discuss what it has brought to the grocer.