All Tesco articles – Page 197
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Opinion
Zero-sum game
Tesco’s new pricing strategy will grab some headlines, but it won’t change the game in grocery.
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NewsTesco to invest £500m in price cuts
Tesco is to invest £500m into lowering the price of everyday grocery items and simplify its promotions as it seeks to boost its flagging UK business.
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NewsTesco speculation prompts price war fears
Speculation is mounting that grocery and general merchandise giant Tesco is preparing to launch a price offensive next week, sparking concern of a new price war.
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NewsTesco eyes Garden Centre Group
Tesco is understood to be gearing up for a bid for some or all of the Garden Centre Group.
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NewsTesco clothing boss Richard Jones exits
Tesco clothing boss Richard Jones has left the retailer and is understood to be taking up a role with Irish supermarket Dunnes.
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NewsGeneral stores win out over the grocers
As hordes of shoppers flocked to the opening of Westfield Stratford City, showing that willingness to spend has not entirely evaporated, general retailers ended the week up overall.
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NewsHigh level of promotions pushes down grocery spend
A high level of promotions has resulted in a lower average spend per visit at the big grocers, despite inflation.
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NewsMorrisons and Sainsbury's winners in latest Kantar data
Morrisons and Sainsbury’s emerged as the market share winners among the big four grocers according to latest industry data, which also showed consumers buying fewer items and making more shopping trips.
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NewsInvestor worry grows as trading stays tough
Grocers, led by Tesco, bucked a gloomy market, but it was a poor week for general retailers as investors continued to wring their hands about general prospects, not helped when fashion group Alexon warned on profits.
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NewsTesco strikes back in JS Ulster price tussle
Tesco has gone head to head with Sainsbury’s in Northern Ireland following Sainsbury’s launch of its price guarantee scheme last month.
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NewsTesco to sell Japanese stores but stand by Fresh & Easy
Philip Clarke still backing plans to turn American chain around, but Japanese business is up for sale.
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NewsTesco to sell its Japan business
Tesco is to sell its business in Japan as it said it could not build a “sufficiently scalable” operation.
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NewsTesco invests $45m in IT infrastructure
Tesco is investing $45m in its IT infrastructure in a bid to solve problems more quickly and improve customer service.
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NewsTesco looks East for funds with 'dim sum' bond issue
Grocery giant Tesco has become the first international retailer to raise money in China with the issue of a ‘dim sum’ bond.
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OpinionConfidence in our cities won’t return overnight
The launch of the High Street Fund to support small retailers affected by the riots is a welcome initiative.
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NewsRetail shares slide along with market
General retailers were on the slide along with the market during the week, although the fall in grocers’ share prices was much less marked.
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NewsTesco opens virtual store in South Korea
Tesco Homeplus in South Korea has opened what it claims is the world’s first virtual store in Seoul subway, following an initial trial in July.
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NewsTesco's Andrew Higginson to retire
Tesco chief executive of retailing services Andrew Higginson is to retire from the board and executive committee next year.
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NewsOcado launches 'shopping wall' at top shopping centre
Online grocer Ocado is to enable shoppers to order goods by scanning from a window display in an experimental venture reminiscent of an innovation tried by Tesco in Korea.
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NewsTesco extends Irish market share lead
Irish grocery sales were flat in the 12 weeks to August 7 as shoppers kept a tight rein on spending.It was the first time in 12 months that there was no value growth in the market, Kantar Worldpanel data showed.Market leader Tesco consolidated its position, delivering sales growth of 1.7% ...