All Tesco articles – Page 242
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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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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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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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News
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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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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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.
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NewsTesco bank unveils new Edinburgh headquarters
Tesco has opened its retail bank’s new headquarters in Edinburgh, which was yesterday hailed as a vote of confidence for the embattled Scottish financial sector.
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OpinionRed tape has gone too far
Heavy-handed legislation on selling alcohol asks retailers to police drinking, says Iceland chief executive Malcolm Walker
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NewsWaitrose gives last-minute show of support for retail ombudsman
Upmarket grocery retailer Waitrose has given surprise backing to the campaign for a retail ombudsman.
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NewsTesco to take on Carphone Warehouse with free laptops
Tesco is offering free laptops with its mobile broadband packages, in a move that will compete directly with Carphone Warehouse.
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News
Retailers are responding to obesity, claims BRC
Retailers are demonstrating the effectiveness of working with customers to help them make the lifestyle changes needed in the fight against obesity, according to the British Retail Consortium.
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NewsSupermarkets under fire over suppliers accused of illegal rainforest destruction
The big four supermarkets are being accused of sourcing from Brazilian farms responsible for illegal deforestation.
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OpinionDo we really need more regulation?
As a decision on the proposed grocery ombudsman remains up in the air, supermarkets such as Tesco, Asda and Sainsbury’s need to focus on efficiencies to help customers through the tough times.
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NewsScott Wheway to use Tesco and Boots experience after Best Buy move
US electricals retailer Best Buy will adopt the best practices of retail giants Tesco and Boots when it debuts in the UK next year.
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NewsAsda and Tesco battle for stores site
Supermarket giants Asda and Tesco are embroiled in a dispute in Coalville, Leicestershire, where both retailers have submitted plans to develop stores.
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Opinion
Retailers have moved beyond shock and onto practicalities
Sir Stuart Rose said last month that “people are fed up with being fed up”. It seemed to reflect what many were thinking, says Ian McGarrigle
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NewsMoody’s downgrades outlook on Tesco
Credit rating agency Moody’s has downgraded its outlook on Tesco to negative over concerns about levels of debt in the business.
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NewsWaitrose improves growth
Waitrose is showing signs of combating recessionary pressures with growth increasing to 4 per cent in the 12 weeks ending May 17, following the launch of its value line Essential.