Tesco news

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-...

As retailers focus more on enhancing the in-store experience for customers, London has become a hotbed of format innovation. In this article we round up some of the formats to watch. Aldi: new format opens up possibilities Source: IGD research Aldi's ground breaking new small format store on Kilburn High Road is a significant development for the fast grow...

Following last week's re-launch of its Clubcard website, the retailer has launched the latest round of its popular Clubcard Exchange programme, aiming to give families greater value on summer products and ranges. Helping customers get ready for the Summer The latest iteration of Clubcard Exchange is clearly designed to help families get ready for summer, by maximising the value they can ac...

Tesco is trialling a new concept whereby shoppers will be able to control the price and range of products based on their purchasing power and the use of social media. Customers to decide range and price of products on sale The new buying model, called Tesco Wine Co-buys, will allow customers to influence the price and range of products on a new wine ecommerce site, based on how much they purc...

Latest UK grocery market performance data from insights company Nielsen show that supermarket sales in the four weeks to 27 April fell by 1.4%, reflecting the impact of an earlier Easter this year. However, the latter two weeks of the period registered growth of +2.8% indicating a stronger underlying trend in the market. Share data shows Sainsbury's gaining ground The 12-week retailer market ...

As part of its ongoing strategy to put Clubcard back at the heart of its UK business, Tesco has relaunched its loyalty card website. Clubcard benefits simply explained The new website brings renewed personality to the long standing loyalty scheme. It clearly looks to show off the benefits card holders can receive from using the scheme but also aims to bring a more personal and emotional look ...

Chris Bush, Tesco's UK managing director, has discussed his plan to drive UK performance by making Tesco a brand of choice or its shoppers in an interview with Retail Week. Challenging backdrop Tesco recently reported its UK trading profit fell 8.3% to £2.27bn, despite last year's £1bn investment, and Philip Clarke has said there is still much to be done, although he is pleased with...

India's Supreme Court has rejected a petition against FDI in multi-brand retail, saying that as a policy it did not suffer from any constitutional or statutory infirmity.  "Consumer is king" says court According to reports, the Supreme Court said the decision to allow FDI had a legal basis in a previous act.  It welcomed what it called the focus on benefiting the consumer by " enlarging ...

Kantar Worldpanel retailer share data, for the 12 weeks to 14 April 2013, indicates that the UK grocery retail market grew at 3.6%, a slight slowing on the 3.9% seen in the previous period. The Kantar measure of inflation showed the rate of price increases slowed to 3.8% indicating the rate of volume decline has slowed, though still marginally above the level of market growth. ...

With Tesco reporting UK sales up 1.8% to £48.2bn for its 2012/13 financial year and LFL sales showing an improving trend in H2, we examine the progress the retailer made against its six part UK plan to 'Build a Better Tesco' and what we can expect going forward from 2013/14. 1. Service & Staff: improvements across all metrics This area was set out as the biggest part of the retailer's si...