Tesco news

Tesco is launching a new initiative to reinvigorate its fresh offer, supported by extensive in-store activity, and a major marketing campaign as it looks to drive performance in the UK business. Fresh is the key to reviving UK business As part of his three year plan to improve performance in the UK, Philip Clarke, Tesco CEO, has ramped up the retailer's focus on fresh, putting it at the hea...

The latest market from Kantar Worldpanel for the 12 weeks to 7 July 2013 indicates that the UK grocery market grew at 3.7% in the period, accelerating from the Jubilee affected comparatives seen in the June figures when growth was 3.0%.  The Kantar measure of inflation over the 12 weeks stood at 3.9%, indicating that volume growth remains notably constrained. 12 weeks to ...

Tesco has confirmed that it has opened its first grocery Click & Collect service in Slovakia, following recent launches in other Central European countries. Grocery Click & Collect following global blueprint The new grocery Click & Collect service has been launched at the retailer's Zlate Piesky Extra store in north east Bratislava. Tesco will hope that the launch will bring more fle...

One Stop has announced it has agreed to acquire 33 convenience stores in the north west of England from Alfred Jones, subject to regulatory approval. North West focus The proposed deal would see Alfred Jones, who operate 49 convenience and 18 forecourts stores under the Spar banner dispose of 33 sites to One Stop. The sites, all in the north west of England will help One Stop with its long t...

Tesco has partnered with budget gym operate Xercise4Less to open a number of large value-orientated facilities in some of its UK stores. Gym to take on mezzanine space in-store The major space sharing deal will see the first gym open on the 32,000 sq ft mezzanine floor in the retailer's Stockton-to-Tees Extra store. Xercise4Less currently has 10 gyms throughout the north of England but is p...

We review the top five grocery retailers in Europe – Carrefour, Tesco, Schwarz, Auchan and Aldi - and the tactics they are employing to drive growth and stay at the top of their game. Although Europe’s leading retailers operate across a range of channels and markets, their short-term strategies are seeing them focus increasingly on the region’s shoppers and in order to help differentiate thems...

Latest figures from data agency Nielsen indicates that in the the four week period to 22 June the UK grocery retail market grew by 2.3%, as against 2.8% in the previous period, ending 25 May.  Market volume sales were up just 0.1%, running up against the celebratory spending for the Diamond Jubilee seen in 2012. Seasonal produce performing well Amongst the key product categories, fresh produc...

Following Tesco CEO Philip Clarke's pledge earlier this year that the retailer would work to build stronger relationships with farmers, Tesco has created a new agricultural director role to develop its relationship with farmers and producers around the world. Bringing the best of British produce to its customers Tom Hind, who has 15 years experience of workings for the National Farmers Union (...

With the UK's largest retailer cutting back on the number of new hypermarkets it opens, our Tesco expert Nick Miles examines how some recent openings are clearly demonstrating a changing direction for new space, but also a continued necessity for new hypermarkets in strategic locations. New direction for space development but hypermarkets still have a role to play When I was at the Tesco ...

The Irish market continues to challenge traditional multiple retailers as shoppers continue to flock to discounters, according to the latest data from Kantar Worldpanel, for the 12 weeks to 09 June.   12 weeks to 10 June 2012 (% share) 12 weeks to 09 June 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.6 27.7 -3.4 Dunnes 22.4 21.9 -2.7 Su...