All Tesco articles – Page 240
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NewsReassuring updates propel retail shares again
Once again, the only way was up for store stocks as the general retailers’ rally maintained momentum following a raft of reassuring updates and results.
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NewsTop retailers attend launch of national skills training scheme
A scheme that promises to overhaul the way retail skills training is delivered was unveiled last night at an event attended by some of the industry’s top names.
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NewsSainsbury’s gains market share as Easter promotions pay off
Sainsbury’s has grown market share and its growth rate has exceeded those of the other top supermarkets in the 12 weeks to April 19.
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OpinionTesco thinks ahead
With promotions and price cuts everywhere you turn it is clear that the grocers need something else in their arsenal to make vacillating customers more loyal to their offer in the long run.
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NewsSir Terry Leahy heralds signs of economic stability
Tesco boss Sir Terry Leahy says confidence is bouncing back as the grocer records profits of £3bn.
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News
New chief named for Warehouse Stationery
Discount retailer The Warehouse has appointed Mark Powell as chief executive of its subsidiary Warehouse Stationery, following the resignation of Gary Rohloff.Powell has worked at The Warehouse for six years in senior executive roles. Previously he worked at global giants Wal-Mart Canada and Tesco UK. He is general manager of ...
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OpinionA few blips, but Tesco is still a model retailer
For what’s supposedly been a bad year for the UK’s biggest retailer, the full-year results released by Tesco on Tuesday were anything but.
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NewsTesco outperforms as profits rocket to £3bn
General retail stocks have outperformed the supermarkets lately, but that pattern was reversed this week as Tesco’s full-year results exceeded City expectations.
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OpinionIT spending for success
Despite the recession and general budget belt-tightening, the results announcements from several retailers this week show just how busy IT departments are being kept.Buried in Tesco’s results is the nugget that the grocer is beavering away on migrating the systems used by Tesco Personal Finance to its own computing platforms. ...
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NewsTesco posts record profits of £3.1bn
Tesco’s underlying pre-tax profits passed the £3bn mark for the first time in the year to the end of February, totalling £3.1bn, an increase of 8.8 per cent.
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Opinion
Food retailers are missing a trick
While money may be in relatively short supply, there are still plenty of affluent neighbourhoods in our larger cities where foodies are shopping in small, deli-style stores.
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NewsTesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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OpinionWhy Tesco's short-term mistakes could end up being long-term triumphs
Tesco has come in for plenty of stick lately, but the grocer came out of the last recession strongly, so who’s to say it doesn’t know what it is doing this time around?
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NewsFresh & Easy introduces review section to website
Tesco’s US Fresh & Easy operation has introduced a product review section on its website to increase interactivity with its customer base.When shoppers sample a product in stores through the US grocer’s Kitchen Table tasting area, they can then review it online.A Tesco spokesman said: “This launch forms part of ...
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NewsBrokers unmoved by surging retail stocks
Rocketing store shares prompted open-jawed amazement on the part of some analysts, who are convinced the market has got ahead of itself.Fresh back from his holidays, Pali’s Nick Bubb clocked the “astonishing” surge of the past few weeks but maintained his bear stance.“Green shoots can quickly shrivel and we are ...
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AnalysisOcado ups ante as online food battle hots up
With soaring sales and a price campaign taking on Waitrose and Tesco, Ocado’s confidence is growing. Jennifer Creevy meets co-founder Jason Gissing
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OpinionOcado has carved itself a niche
Ocado has had a tough first few years setting up and competing with the likes of Tesco and Sainsbury’s but the e-tailer is starting to see the light.
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OpinionHunger for food stocks sated
General retailers’ popularity has been growing of late. At the end of last week some big names rose again, at the expense of the food giants.Although food stocks are often popular for their defensive qualities during tough times, the big grocers were not the flavour of the week. Last Friday ...
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AnalysisEvery little helps the nation’s favourite
Knocking Tesco can seem like a national sport but it remains top of shoppers’ lists. Charlotte Hardie considers why the UK’s biggest grocer continues to be Britain’s favourite retail brand
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NewsTesco’s management incentives ‘best in class’
Tesco’s management incentive scheme is the most likely among those of the big grocers to encourage strong performance, broker Bernstein has concluded.The broker said executive compensation structures are broadly similar at all three quoted grocers, combining basic salary, bonus and various long-term incentives.However, at Tesco and Sainsbury’s there is a ...