Tesco news

The latest UK grocery market performance data from Nielsen shows that sales grew by 2.8% in the four weeks to 25 May.  However this figure disguises considerable variation within the period, with stronger growth in the first two weeks tailing off in the latter two as the weather turned colder and wetter once again. Category performance highly variable Across the market categories such as pr...

In the second of this year's regular updates on the world's top retailers, we look at recent developments at Carrefour, Tesco, Metro and Walmart. We see how they have fared so far in 2013, and examine some strategic changes to position the retailers for the future. Carrefour CEO discusses his vision Group CEO Georges Plassat has discussed recent initiatives and what they mean for Carr...

The Nation reports Tesco Lotus will invest THB 18bn (USD 600m) in 2013, expanding its presence upcountry. Strengthening convenience and online Tesco Lotus operates five store formats in the market, and recently launched  online operations. In 2013 the retailer will invest in online infrastructure and expand its store network roughly in pace with last year's 344 new outlets, concentrate...

The Irish market is becoming increasingly tough for traditional multiple retailers as shoppers turn to Aldi and Lidl to help them save money in austere times, according to the latest data from Kantar Worldpanel, for the 12 weeks to 12 May.   12 weeks to 13 May 2012 (% share) 12 weeks to 12 May 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.4 27.6 -2.6 ...

Tesco has announced PJ Clarke as its new CEO for its business in Ireland, replacing Tony Keohane who will now become the Chairman for Tesco Ireland. New CEO will bring considerable Tesco experience to the role After seven years in the role, Tony Keohane will step aside at the beginning of July for PJ Clarke to take over. PJ Clarke joined Tesco in 1974 and for the first part of his career he...

Under the retailer's new value where it aims to 'use its scale for good', Tesco has committed to helping its colleagues and customers live healthier lives, with Clubcard tipped to play a key role. Duty to help people make healthier choices As one of the biggest food providers in the world, Tesco believes it has a duty to help customers and their families achieve the behaviour change neede...

In a year where Tesco has had to make some significant business decisions and laid down important building blocks for the future, we examine its Annual Report, as well as its newly renamed 'Tesco and Society' CSR report, pulling out our top findings and what this might mean for the retailer's future direction. A year where the business has got to grips with long-standing issues...

The latest UK grocery market share data from Kantar Worldpanel, for the 12 weeks to 12 May 2013, shows that growth in UK grocery picked up to 3.9% during the period.  The Kantar measure of inflation indicates that prices rose at exactly the same rate suggesting that volume decline in the sector has slowed. 12 weeks to 13 May 2012 (% share) 12 weeks to 12 May 2013 (% share) Sa...

Tesco has confirmed that it will work with two of the world's leading franchise operators to open over fifty F&F branded clothing stores outside of the UK. F&F to expand into nine new markets over next five years Over the the next five years Tesco and its partners will open F&F branded clothing stores across the Middle East, Kazakhstan, Georgia, Armenia and Azerbaijan. The deal sees the UK'...

Following the release of our league table showing the top 50 grocery retailers in Europe , here are five European store visits you may have missed, but need to check out. Casino, Belles-Feuilles, France : live 'lab store' for self-scanning Casino Group is trailblazing in terms of technological innovations, with a number of initiatives launched in the past year. We visited Casino Belles-...