Join the Tesco Leadership as they share their progress on strategic priorities and plans for the year ahead.

Tesco news

23 January 2013
Tesco has appointed George Fischer as its new CEO in Malaysia.  Tesco welcomes George Fischer as its new CEO in Malaysia, from his previous roles as chairman of the management board at Lidl Belgium. The new appointment will be effective this month. Fischer replaces former Malaysia CEO SungHwan Do, who will move from the post to an international bridging programme under Tesco. Malaysia's g...
23 January 2013
Following the recent flurry of results from international retailers, we summarise the performances of Carrefour, Tesco, Walmart, Metro and Auchan in the Chinese market. Carrefour - new store openings fuelling growth In the fourth quarter, Carrefour saw sales in China  grow at 0.7% (at constant exchange rate). The addition of new stores offsets negative like-for-like sales of -3.1%. How...
22 January 2013
Last week we were given the opportunity of a guided tour around Tesco’s new Extra store in Woolwich, South East London. The store displays many of the impressive initiatives that the retailer has introduced to its business since implementing its £1bn investment plan in the UK last April, but also showcases some new areas of thinking, which we are likely to see develop further in 2013. Ext...
21 January 2013
Tesco has launched its latest dotcom only warehouse store in Crawley, as it continues to build home delivery capacity through this format. A growing network delivering improved service The new dark store opened for trade on 21 January adds to those already operational in Aylesford (near Maidstone), Croydon, Edmonton and Greenford. Tesco continues to build its network of dark store wareho...
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 ...