Tesco news

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...

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...

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...

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 ...

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,...

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)...

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 ...

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? ...

According to Indian publication the Economic Times, Tesco is looking to increase the amount of food sourced directly from within the country. New subsidiary organisation Tesco has created a new subsidiary organisation in India , which will help it purchase increased levels of food from across the region in the year ahead. The move will help the retailer, which already reportedly targe...