All Tesco articles – Page 244
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AnalysisDiversification: A lucrative sideline or fatal distraction?
Retailers eager to boost business may expand into categories beyond their comfort zone, but do they risk stretching themselves too far?
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NewsFamily packs pay off for Fresh & Easy
Fresh & Easy’s 40- to 45-ounce family-sized prepared meals are now the six top-selling lines in the 110-product range, vindicating the grocer’s strategy of offering larger pack sizes.
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Analysis
The grocery ombudsman
The Competition Commission has begun a public consultation over proposals to create a grocery ombudsman, but why would one be necessary and who would benefit?
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News
Consistency key to sustainable development
Trust, engagement, authenticity, communication and understanding customers are the key issues for retailers as they move towards greater sustainability, according to a panel at the World Retail Congress this morning.
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NewsTesco lowers prices to stop Irish shoppers crossing the border
Tesco is re-opening some of its stores in the border counties of the Republic of Ireland with marked-down stock reflecting sterling prices in an effort to curb customers crossing the border to buy their groceries in Northern Ireland.
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OpinionPharmacies: convenience or community?
Supermarkets keep broadening their offer and time- and cash-strapped shoppers are only too happy take advantage. But when it comes to health and pharmaceuticals, can the supermarkets’ convenience trump the specialists’ customer care?
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NewsTesco to roll out pharmacies in smaller-format superstores
Tesco is to roll out pharmacies in its smaller-format superstores following a trial last year as it seeks to reach its target of 350 within the next three years.
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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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NewsGrocers still in line for non-food growth
Supermarkets’ non-food sales growth has slackened but the grocers are still well positioned to steal share from traditional general merchandise rivals, according to a Mintel report.
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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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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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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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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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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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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.