tesco

 

Brewery staff drink to success

A fast-expanding Cornish brewery exceeded £4 million (€4.8m) sales for the first time last year, with turnover rising by around 12 per cent. And Skinner’s Brewery chief executive Steve Skinner says it’s all down to his team. “Our 30 staff have worked enormously hard to win this success. Their commitment and dedication is absolutely outstanding, […]

Tesco global growth set to outpace rivals

The world’s largest retailer, Walmart, will soon reach £310 million (€368m) in sales, according to the latest forecasts from international food and grocery analysts IGD. The figures released this week also reveal that Tesco is set to grow its global business by 7.5% a year: “With a compound annual growth rate (CAGR) of 7.5% between […]

Carbon reduction breakthrough

The total annual retail value of consumer goods sold in the UK bearing the Carbon Reduction Label has reached £2 billion (€2.2bn),, says the Carbon Trust, as new research reveals that 9 out of 10 households in the UK bought a carbon labelled product in the last year. The milestone figure comes as Tesco confirmed […]

,

Mixed support for Tesco, says new survey

The British public are unable to agree on their opinion of retail giant Tesco, although it wins support overall by a slim margin, and is especially popular among young people and in Scotland, new research by YouGov has found. While 45% of British adults attribute Tesco’s success to its cheap, varied food choices and ability […]

Former Tesco executive joins Northern Foods

UK food group Northern Foods has appointed former Tesco executive Sandra Turner as a non-executive director to the Board, with effect from 1 May 2010. Turner held senior commercial and operational roles with Tesco in the UK and Ireland. And from 2003 to 2009 she was the commercial director of Tesco Ireland.

Morrisons’ festive triumph

Budget supermarket chain Morrisons claims to have beaten its UK retail rivals over Christmas after posting a 6.5% rise in like-for-like sales. Sales at Morrisons rose 6.5 per cent in the six weeks to January 3, surpassing the growth at Tesco, Sainsbury and Asda. “Some of the things we did at Christmas I think took […]

Tesco sales weaker than expected

Despite posting a rise in third-quarter sales, Tesco’s latest performance is weaker than analysts had expected. Britain’s biggest supermarket chain reported that UK like-for-like sales rose by 2.8% (excluding petrol and adjusted for lower VAT) in the 13 weeks to 28 November. However, analysts were forecasting around 3%. Overall, group sales were up by 8.8% […]

,

Tesco’s new twist on BOGOF

Tesco has revealed plans to cut Britain’s food waste by turning the traditional Buy One Get One Free (BOGOF) offer into Buy One Get One Free – Later, which means customers will be encouraged to pick up the second item at a later date. Shoppers will take an item under a BOGOF offer and receive […]

, ,

Sales surge for Sainsbury’s

Supermarket chain Sainsbury’s has posted a 5.4% rise in second-quarter sales – keeping up the pressure on market leader Tesco. The supermarket chain is making 800,000 more transactions per week than it was this time last year. The firm said it performed well in ‘what remains a challenging consumer environment’ but warned that growth would […]

Great Scots!

Scotland’s food and drink industry has been given a boost with the promise of thousands of new jobs and extra investment in the country’s produce. Aldi, Asda, The Co-Operative, Lidl, Marks & Spencer, Morrisons, Sainsbury’s, Tesco, Waitrose and the Scottish Retail Consortium met with Rural Affairs Secretary Richard Lochhead late last month to set out […]

Industries link up to reduce food and drink waste

WRAP (Waste & Resources Action Programme) is leading a series of new industry partnerships in a bid to reduce food and drink product damage throughout the supply chain, and improve product quality. Commissioned as part of WRAP’s strategy to minimise food and drink waste, the new projects – including the development of new category-specific innovations […]

, ,

Eco labelling for Tesco milk

Tesco is now displaying carbon footprint labels on milk bottles as part of a series of measures designed to reduce the environmental impact of milk production. The supermarket giant hopes that the labels will encourage people to make greener choices by informing them about the environmental impact of different products. It plans to extend the […]

, , ,

Traka set to save Tesco £1m a year

Working with Tesco, electronic key manufacturer Traka is to improve the key control and access management system for the supermarket giant’s fork truck fleets in three new and 19 existing UK distribution centres. Initially, this will involve upgrading over 2,200 fork trucks at Tesco sites. Previously, keys for fork trucks were collected and returned to […]

Surge in sales of own-label products

Newly released figures from Datamonitor reveal that 41 per cent of all grocery sales at the end of July were own-label items – up from 38.2 per cent last year. On average, own-label goods are 22 per cent cheaper than brands, says Datamonitor. So it’s hardly surprising that cash-strapped consumers have sparked a surge in […]

Food and Drink Technology