All Tesco articles – Page 196
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News
Asda posts full-year profit rise
Asda’s operating profit rose almost five per cent to £998.6m last year, excluding charges such as royalties to parent Walmart.
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News
Consumers experiencing crisis of confidence, top retailers say
Leading retailers feel the squeeze as shoppers tighten their belts further and consumer confidence plummets, and fear no immediate improvement on the horizon.
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Opinion
Government needs to lift shopper confidence
As David Cameron sat down on Wednesday morning to make the finishing touches to his speech to the Tory conference, he could have done worse than take a look at that day’s statements from Tesco, Mothercare, SuperGroup and Sainsbury’s.
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News
Big grocers avoid worst of price falls
Store stocks were down across the board over the week but food and general merchandisers’ declines were limited versus the wider market, although that was ahead of a Mothercare profit warning.
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News
We’re getting back on track, insists Clarke
As Tesco reports dip in like-for-likes, ‘confident’ Sainsbury’s goes on attack.
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Opinion
The shifting battleground on price
Tesco announces a new price initiative and the media proclaim a price war.
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News
Waitrose launches 'biggest ever' value campaign
Supermarket group Waitrose has launched its “biggest ever” value campaign to emphasise its competitiveness as shoopes keep a close eye on spending.
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News
Tesco reports "subdued" UK growth
Tesco has reported a 6.2% rise in underlying pre-tax profit to £1.9bn for the 26 weeks to August 27 with strong growth overseas helping it prop up the “subdued” UK market.
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News
Garden Centre Group sales bounce back as suitors circle
Garden Centre Group has benefited from the warm weather and a focus on plants to achieve a 7% rise in sales this year.
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News
Tesco to open online clothing delivery to international markets
Tesco’s online clothing business is to extend its delivery service to international markets.
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News
Tesco expected to post sales fall
Top grocer Tesco is expected to provide evidence of how tough retail trading conditions are when it issues first-half figures on Wednesday.
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News
Tesco’s Price Drop hits other grocers
Tesco’s share price rose in the week that it launched its Big Price Drop, but the move hit the value of its food retail rivals.
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Analysis
Tesco ‘Big Price Drop’
Viewers of Sunday night’s The X Factor and Downton Abbey were hit with Tesco’s offensive during the ad breaks with its Big Price Drop campaign.
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Opinion
Grocery retailing isn’t just about price
It would have been hard for Tesco’s Big Price Drop to live up to the hype that built up before its launch.
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News
Tesco rolls out online shopping to Poland and the Czech Republic
Tesco is expanding its online operation to the Czech Republic and Poland, with plans to launch a grocery offer in the two countries by the end of next year.
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Opinion
Tesco and the supermarket price wars
So the Tesco Panzers have launched an autumn blitzkrieg pricing offensive and Reichsleiter Brasher has fired the opening £500m salvo in the mother of all supermarket price wars.
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News
Tesco’s rivals fight back
Tesco’s rivals stepped up their marketing this week to hit back at the grocer’s £500m price cuts.
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Analysis
Global grocers turning to smaller stores for growth
A trend that has become increasingly prevalent among the global grocers has been the focus on smaller footprints.
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News
Retailers wage Sales war
Major retailers including Marks & Spencer have launched discount promotions this weekend in a bid to compete for hard-pressed shoppers.
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News
Tesco extends Hoerner's consulting role
Tesco is understood to have extended the consulting role of John Hoerner, its former head of its clothing division.