All Tesco articles – Page 252
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News
Grocers’ shares tumble as shoppers embrace discounters
TNS data showing rapid market share growth by hard discounters contributed to a fall in the share prices of quoted grocers. Meanwhile, general stores slipped still further as trading difficulties – real and imagined – undermined sentiment.
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News
Obama tackles Leahy over union row
US Democratic presidential candidate Barack Obama has this week written to Tesco chief executive Sir Terry Leahy ahead of the grocer’s AGM today, urging him to start discussions with the United Food and Commercial Workers Union (UFCW).
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News
Tesco prepares for AGM showdown
Top retailer Tesco’s fears that its AGM will be turned into a “circus” look likely to become a reality as a raft of campaigners attempt to hijack the agenda.
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Opinion
Damned if you do, damned if you don't
It’s hard to know who will get the most attention at Tesco’s AGM today. It could be the chicken campaigners, the Barack Obama-supported US union or the Unite protesters presenting chief executive Sir Terry Leahy with a “golden loo”.
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News
Obama appeals to Leahy over union recognition
Tesco chief executive Sir Terry Leahy has been asked by Democratic presidential candidate Barack Obama to meet with and engage with American trade unions.
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News
Sainsbury's non-food boss defects to Tesco
Sainsbury’s head of non-food Richard Jones is quitting the grocer to take a top job at competitor Tesco.
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News
Tesco under fire for planning application
Tesco is under fire after it was revealed that it used a local retailer to front a planning application for a development in Barnstaple, Devon.
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News
Tesco to roll out mobile till points in Express shops
Tesco is to introduce mobile checkouts to many of its Express formats after testing the devices at a handful of stores.
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News
Tesco takeover of Dobbies almost complete
Tesco now owns 90.13 per cent of the shares in Dobbies, after announcing last week that it would take the retailer private within the next month.
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News
Fresh look for Fresh & Easy
Tesco rethinks format to create a ‘warmer’ feel as it prepares to press on with US store openings
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News
Tesco combines school and club voucher schemes
Tesco is to merge its two voucher schemes to create one bumper offer, following feedback from participating schools and clubs.
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Opinion
Grocers face uncertain prospects
Food prices are never far from the headlines and are likely to have further profound effects both on consumer behaviour and retailer strategy.
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News
Tesco cautious on non-food
Tesco has reported a 3.5 per cent like-for-like sales uplift, excluding petrol, in its first quarter for its domestic market, but warned that its rate of growth for non-food has eased as consumers become more cautious.
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News
US union crosses pond in drive to win concessions from Tesco
One of the US’s largest unions this week came to the UK to confront Tesco.
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News
Morgan Stanley turns positive, but upbeat sentiment shortlived
Bullish noises from Morgan Stanley bolstered sentiment towards store groups, but food and general retailers’ shares moved little over the week.
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Opinion
If the price is right…
Morrisons revealed once again that it is leading the grocery pack in terms of like-for-like growth. Yesterday, the grocer posted a 7 per cent increase in like-for-likes for the 13 weeks to May 4, which chief executive Marc Bolland said is “industry leading” and, again, “outperforms the market”.
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Analysis
In the loop
Tesco is to push the barriers yet again with a telecoms deal that could revolutionise staff communications and shopper services. IT boss Nick Folkes gives Joanna Perry a glimpse of things to come
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News
Supermarkets dominate poll of UK’s greenest brands
Leading food retailers occupy five of the top six places in a poll to find the UK’s greenest brands, according to the 2008 ImagePower Green Brands survey .
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News
Tesco attacked by US union
Tesco is being targeted by one of the US’s largest unions, which today launched a campaign on the grocer’s home soil to highlight its staunch anti-union stance in the US.
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News
Tesco snaps up RBS stake in Tesco Personal Finance
Tesco is to acquire Royal Bank of Scotland’s stake in Tesco Personal Finance for 1 billion, bringing to an end a joint venture with the bank that has lasted almost a decade.