All Tesco articles – Page 237
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NewsShock Kesa results top poor week for retail sector
Stores underperformed the market despite some impressive recent updates, and Anglo-French electricals group Kesa provided a reminder of how tough conditions remained with shocking results on Wednesday.
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Tesco committed to expansion in Thailand
Tesco remains committed to expansion in Thailand despite no clear sign of an economic recovery.The grocer – which trades under the Tesco Lotus banner in Thailand – plans to open five or six hypermarkets and 40 Express outlets in the present financial year.Tesco Lotus chief executive Steve Hammett said ...
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NewsTesco brings touch of Britain to Fresh & Easy
Tesco has introduced some classic British favourites such as Marmite and Heinz baked beans at selected Fresh & Easy stores in the US.
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AnalysisWhat it’s like to work at…Tesco
The inside opinion from UK operations personnel director Hayley Tatum
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NewsTesco partners with insurer Fortis UK
Tesco Personal Finance (TPF) has struck a deal with Fortis UK for the insurer to provide its motor and household insurance.
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NewsMorrisons and Sainsbury’s growth outpaces Aldi, TNS reports
Food shoppers “have started to revert to pre-recession behaviour” and established big grocers are outpacing discount stars such as Aldi, latest TNS Worldpanel grocery data showed.
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OpinionDo Sainsbury’s expansion plans stack up?
Even though the method chosen by which to do it has prompted some criticism from the City, Sainsbury’s £445m fundraising plans unveiled this week were a big statement of intent by the UK’s third biggest grocer. But do its plans make sense?
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NewsWHSmith and Tesco slammed over Josef Fritzl book
WHSmith and Tesco have both come under fire after displaying a book about notorious Austrian criminal Josef Fritzl as a suggested Father’s Day gift.
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NewsSupermarkets to intensify online non-food push
Supermarkets look likely to steal a further slice of general retailers’ sales as both Tesco and Sainsbury’s revealed plans to extend their non-food operations in their first-quarter trading updates this week.
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AnalysisThrough the keyhole of retailers’ headquarters
A glitzy head office is all well and good, but does it add to outside impressions, staff morale or productivity? Charlotte Hardie inspects some of the most and least glamorous to find out
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AnalysisRetailers and suppliers: An exercise in trust
Now more than ever, retailers and suppliers need to work together and be transparent, but a lack of trust is costing them, says Charlotte Hardie
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NewsSainsbury’s and Tesco updates cause a stir
Big grocers took the spotlight this week as Sainsbury’s and Tesco issued first-quarter updates. And what the pair had to say has implications for the entire retail sector.
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NewsOcado changes advertising tack after ASA ruling
Ocado has adapted its Tesco Price Match strategy after a ruling by the Advertising Standards Authority that ads highlighting the online retailer’s campaign were misleading and its claims could not be substantiated in a number of instances.
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Most retailers expanding abroad entering Mid East markets
Saudi Arabia attracted the most new retailers in the past year, with 37 opening their doors there, a CB Richard Ellis report found.The study showed that most retailers expanding abroad were entering Middle Eastern markets; Kuwait and the United Arab Emirates were also in the top five.Separately, AT Kearney’s annual ...
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NewsTesco bond sale raises £430m
Grocery group Tesco has raised £430m through the sale of commercial mortgage-backed securities (CMBS).
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NewsTesco posts robust sales
Group sales at the UK’s largest retailer rose 12.6 per cent for the 13 weeks to May 30.
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NewsTesco builds Chinese mall
Tesco will open its first shopping centre in the northeastern Chinese city of Fushan later this year.
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OpinionTesco still a dab hand
After Morrisons’ first-quarter update last week, Tesco and Sainsbury’s post their numbers on Tuesday and Wednesday respectively and they should make for compelling reading.
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Wal-Mart will not “accelerate” Marketside openings
Wal-Mart will not “accelerate” openings of Marketside, the store format developed in response to Tesco’s Fresh & Easy US chain.Wal-Mart Stores vice-chairman Eduardo Castro-Wright said: “The test we’ve had in Phoenix, we’re pleased with. Given the current economic conditions we are not accelerating the effort until we have better data ...
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NewsSir Terry Leahy warns against over-regulation of retail
Tesco chief executive Sir Terry Leahy warned this morning that political and regulatory interference could hamper retail’s role in helping the economy out of recession.