All Tesco articles – Page 241
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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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News
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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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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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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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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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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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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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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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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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.