All Tesco articles – Page 225
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OpinionHonking all the way to the bank
Sainsbury’s scored with the sales of its vuvuzelas, but for the grocery market in general, the World Cup is just what is needed right now.
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NewsTesco faces AGM revolt over pay
Tesco faces the prospect of an investor revolt at its AGM next month over “excessive” executive pay, singling out US boss Tim Mason as an example.
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NewsCity takes Q1 grocery slowdown in its stride
Grocers lagged the market as lower food price inflation contributed to lacklustre first-quarter like-for-like growth at Sainsbury’s and Tesco - 1.1% in each case before the VAT change is taken into account.
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OpinionBaptism of fire awaits the new grocery chiefs
Falling inflation isn’t the only reason why it feels a golden age of grocery retailing is coming to an end. Three of the big four are either under new chief executives or soon will be.
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AnalysisRichard Brasher
He may not have got the top job, but Tesco’s commercial chief will have a huge role as chief executive of its UK business next spring. Jennifer Creevy reports
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NewsTesco and Sainsbury’s insist growth to come
Grocers positive despite high petrol prices and low inflation hitting Q1 sales
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OpinionDo retail leaders need retail experience?
The attack by Sir Ken Morrison on Marc Bolland was interesting for the fact that the life president of Morrisons could not get over his former chief executive not being a retailer, says Moira Benigson
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OpinionA matter of quality
Quality of management is typically one of the focal points for investors in any business. And in these celebrity-obsessed times, a business version of X Factor is often played out when retail’s big roles are up for grabs
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Analysis
Succession planning
Tesco’s succession planning was praised following the announcement of Sir Terry Leahy’s retirement plans, but why is it so important retailers get this right?
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News
Samsung Tesco Homeplus in talks to take over Kim’s Club Mart
Samsung Tesco Homeplus, Tesco’s South Korean venture, is in negotiations to take over local retailer Kim’s Club Mart. It has been reported that Samsung Tesco Homeplus has agreed to buy 98% of Kim’s Club Mart for KRW300bn (£165m).
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NewsTesco’s UK performance hit by petrol prices and low food inflation
Tesco has reported UK like-for-like sales were up just 0.1% excluding petrol and VAT-adjusted in the 13 weeks to May 30, hit by rising petrol prices and low food inflation.
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NewsTesco leads school uniform price war
Tesco has once again undercut retailers including Asda and Marks & Spencer by selling a full school uniform outfit for £3.75.
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NewsTesco fresh foods chief Colin Holmes quits
One of Tesco’s rising stars announced his resignation yesterday, in the same week that Sir Terry Leahy stepped down and international chief Philip Clarke was named his successor.
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OpinionSir Terry Leahy: one of retail’s all-time greats
Cast your mind back to February 1997. Tesco had just taken top spot in the grocery rankings, but at about 20%, its market share was only 2 percentage points above Sainsbury’s.