Tesco news

17 January 2013
New market data from Nielsen confirms solid Christmas trading in the UK and highlights advertising expenditure as a key driver of performance. Solid Christmas trading According to the new data, year-on-year value growth for the sector was 3.7% for the four weeks ending 5 January, a marked pick-up on the 1.3% growth recorded for the previous four period. The best performers for the period were ...
17 January 2013
With all major retailers now having reported, what have we learned about the state of the grocery market in 2012? Discounters triumph Discounters were the clear winners delivering their best ever Christmas performance. Key to their success were investments in premium, fresh and festive ranges which gave them new relevance to Christmas shoppers.  Aldi in particular stood out, with sales ...
15 January 2013
Established and new retailers in the market including Big C, Tesco Lotus and Berli Jucker Plc are placing increasing prominence on the role of digital operations in their strategies. Big C announces strong full year results Casino's subsidiary in Thailand , Big C, has announced strong full year results. Sales have grown 9.3%, reaching THB 112.1bn. Solid 5.3% growth in same store sales a...
15 January 2013
Kantar has issued a special six-week Christmas release of its Worldpanel market share data.  Offering specific detail on relative performances in the grocery sector in the key festive trading period, this provides a useful counterpoint to corporate statements.  The figures issued for the period to 6th January 2013 shows market growth accelerated  modestly to 3.8%, though the fortunes of retailers...
14 January 2013
Tesco has launched a new brand into its baby category that will cover products, information and expert advice, available both in-store and online. New improved and expanded ranges The new brand is called ' Tesco Loves Baby' and will underpin the retailers activity in the baby and toddler category, looking to support expectant parents, to those with young children. The new brand, which has...
10 January 2013
Alongside its Christmas trading update, Tesco has announced a number of senior management changes across its executive committee, including the appointment of a new UK Managing Director. Chris Bush appointed as UK MD Chris Bush, who has held the role of UK COO for the past nine months, has been appointed as the new UK Managing Director and will oversee the day-to-day running of Tesco's ...
10 January 2013
Tesco has released its Christmas trading results for the six weeks to 5 January, with group sales up 3.9% inc. VAT exc. fuel (3.6% at actual exchange rates). The performance of its UK operation continues to strengthen with performance internationally similar to that experienced in Q3. Tesco's strongest UK growth for three years In the UK sales over Christmas increased by 4.3% (inc. VAT,...
08 January 2013
The latest market share data from Kantar Worldpanel, for the 12 weeks to 23 December, shows the market trend held steady with the previous period maintaining growth of 3.2%.  However Kantar has reported a sharp uptick in inflation in the period, up a full percentage point to 4.5%, putting pressure on volumes in the crucial run up to Christmas. 12 weeks to 25 December 2011 (% share)...
03 January 2013
With the festive season now behind us retailers are keen to move the agenda on for the New Year with a raft of activity centring on healthy eating ranges. Sainsbury's: highlighting value and fresh credentials Sainsbury's brings together value and healthy eating with its "5 a day the basics way" initiative in which it highlights low cost healthy products from its entry level own brand ...
03 January 2013
Our summary of when retailers will reveal their Christmas trading results. Monday January 7th – Morrisons Wednesday January 9th – Sainsbury’s Thursday January 10th – Tesco and M&S Monday January 15th – Ocado Watch out for our analysis on the day and for our upcoming Christmas trading special analysis. Want to learn more about the trading outlook? ...