Retailer responds to organic slowdown with price slash
UK supermarket Tesco has announced that it is drastically reducing the price of organic produce by up to 25 per cent, in response to feedback from consumers who are feeling the effects of the credit crunch.
UK retailers urged to step up developing world suppliers
UK supermarkets are being urged to ignore the controversial issue
of 'food miles' when it comes to supporting developing world
Asda carries on British egg war
Asda is continuing its row with other food retailers not committing
to selling only British sourced eggs, having conducted a series of
secret shops to name and shame the accused supermarkets.
Carrefour Tesco Slovakian swap goes sour
The Slovakian Antimonopoly Office has put the breaks on a deal
between Carrefour and Tesco, saying that it would give the British
supermarket a monopoly over the market.
Tesco eyes up Eastern expansion
Tesco announced today the extension of its partnership with Ting
Hsin in China, as part of its strategy to capitalize on emerging
British food gets a boost at Waitrose
Food retailer Waitrose is adding five new additions to its already
successful Traditional British cuisine range, in a bid to meet
Marks and Spencer's benefits from health boom
Marks and Spencer's said yesterday it has increased its slice of
the UK's food market to four per cent from 3.8 per cent by taking
advantage of booming health trends.
Tesco creates new jobs in Hungary
Tesco-Global stores has announced that it will create more than 700
new jobs in Hungary as part of an expansion in the food retail
market, despite what it describes as a difficult market.
Tesco puts British food back on menu
Food retailer Tesco is meeting customer demand by introducing a
range of traditional British inspired ready made meals.
Tesco stalls over grocery market inquiry
Britain's leading supermarket Tesco is being accused of stalling
the Competition Commission's (CC) grocery sector inquiry by asking
for extra time to provide evidence of its business practices.
Carrefour regains strength in France
French retail giant Carrefour yesterday announced an 8.5 per cent
rise in second quarter like-for-like sales, as the firm strengthens
its domestic position through in-store makeovers and competitive
FoE slams Tesco's CSR agenda
Ahead of today's Tesco annual general meeting - which will analyse
ten environmental and social pledges set out by its CEO in May -
Friends of the Earth has accused the grocery chain of misleading
shareholders and customers with...
Tesco shifts focus as foreign business booms
Tesco is set to concentrate on international expansion this year -
applying a "local" approach to the six million sq. feet of new
foreign retail space it opens in a bid to boost sales.
Sainsbury's back on track
Britain's number three supermarket Sainsbury's announced a 12 per
cent rise in year-end profit, as the company ploughs funds into
competitive prices and new store openings to boost sales.
Tesco falls foul of Slovak government
The Slovak government has launched criminal proceedings against
Tesco over allegations the retailer sold out-of-date meat products
in Central and Eastern European (CEE) stores.