Tesco news

26 February 2013
Tesco has launched Pro Formula as its new private label brand within the beauty category. Scientific approach to design Following customer research, Tesco recognised the need to pull together the diverse range of products across both the female and male beauty category. The Pro Formula logo was created by design agency Parker Williams. The intention was to create a strong and credib...
25 February 2013
Lee Seung-han will retire from his position in May following 16 years leading Homeplus in South Korea. CEO of Malaysia to take the reigns Lee's continuous service with Tesco since it entered the market in 1999 has contributed to the retailer's positive growth trajectory. Whilst Tesco's recent performance has been tested by challenging trading conditions following legislative changes, South ...
21 February 2013
With this year's official Fairtrade Fortnight beginning on 25th February, we take a look at how retailers are supporting the event, driving an ethical agenda in the face of a highly value orientated market. The Bean Machine The Co-operative has commissioned a car powered entirely powered by waste coffee beans to celebrate ten years of selling 100% Fairtrade coffee. Having broken the Guinn...
14 February 2013
Leading retailers including Tesco and SPAR are laying down plans for this key market. We summarise the latest news and look ahead to the further developments 2013 may hold. Tesco to set up Indian subsidiary Local newspaper The Hindu reported Tesco's plans to open a subsidiary for fresh and processed foods to service its global store network. The sourcing and back end capabilities develo...
14 February 2013
Latest figures released by Nielsen indicate that the aggregate sales for UK supermarkets grew by 2.2% in the four weeks to 2nd February. This  marked a slowdown from the Christmas period when sales rose by 3.7%. Volumes flat Nielsen reports that unit sales in the latest four week period were unchanged (versus +0.5% in the previous period), reflecting the continuing cautious mood of UK ...
13 February 2013
Tesco is aiming to become the first UK retailer to use virtual reality technology to plan its categories, which should lead to better  in-store efficiencies and more effective and flexible ranging in its formats. .style1 { text-align: center; } New software will introduce faster and more reactive category planning Tesco has been working with technology company Red Dot Square for the las...
12 February 2013
With 2013 lacking the wealth of event opportunities offered last year by the Olympics, Euro 2012 and Diamond Jubilee, retailers are looking to make full use of the year's seasonal events, with Valentine's Day and Shrove Tuesday being developed to drive shopper enthusiasm for these celebrations. Home dining for Valentine's Day Valentine's Day presents a clear opportunity to promote luxury 'dine ...
11 February 2013
Tesco has launched a new premium section to its website under the title 'The Foodhall at Tesco'. Looking to attract premium customers The new webpage on Tesco.com is designed to bring a more premium option to both 'foodie' customers and those with specialist dietary requirements. The page has been designed to deliver a premium look and feel and currently features products from six special...
11 February 2013
At IGD we keep a close eye on innovation and developments in our  industry.  Here are our latest top picks from around the world.  McCain multi-sensory bus stop ads When McCain launched its new Ready Baked Jackets, it created 3D bus stop adverts containing heating elements. As people activated them, they released  the smell of slow-baked jacket potatoes. The posters were located at bus  shel...
07 February 2013
We look at the strategic priorities for leading European retailers - Carrefour, Lidl & Schwarz (Schwarz Group), Tesco, Auchan and Aldi - in 2013's difficult economic environment, and how they are driving growth.   Carrefour: will 2013 be a year of stabilisation? Carrefour’s new management team has launched initiatives to turn around its performance, including selectively exiting internati...