Tesco news

07 October 2015
Tesco has released encouraging interim results with improvements in underlying sales as it pursues its strategy of regaining competitiveness in the UK. Improving on-shelf availability One of Tesco’s three key priorities is to regain competiveness in its core UK business and improving on-shelf availability has been central to this. The retailer revealed that initiatives to improve on-shelf a...
06 October 2015
Tesco Lotus has opened its second regional distribution centre in Surat Thani, helping it efficiently deliver goods to over 200 Tesco Lotus hypermarkets and Express convenience stores in south Thailand. New DC will improve business efficiencies The new DC is the second regional distribution centre that Tesco has launched in Thailand, having opened its first centre outside of Bangkok last ye...
15 September 2015
Tesco is revamping the way it displays items in order to enhance product availability in-store, according to reports. Changing layout of stores Tesco is looking to help customers buy items more easily and quickly by trialling a revamp of the way food is displayed. The retailer will be trialling changes to the layout of some of its stores in a bid to decrease shopping time and make the shopp...
09 September 2015
In the run-up to this year's Supply Chain Summit, we've been talking to some of the speakers at the event. Find out what Tony Mitchell, Supply Chain Director - Forecasting & Ordering at Tesco, thinks about the industry, his thoughts on the upcoming event, and learn a little more about him... Q. What are your top three tips for success in today’s business environment? My top three tips for s...
09 September 2015
After months of speculation, Tesco has announced that it has agreed to sell its Homeplus operations in South Korea. Deal will significantly reduce group debt The deal, which is subject to shareholder and regulatory approval, is expected to be completed in Q4 2015. It will see Tesco sell its Homeplus operations to a group of investors led by MBK Partners and including Canada Pension Plan Inv...
08 July 2015
Tesco has renewed its contract with XPO Logistics for a further five years. Managing 12 units XPO Logistics will handle all loose equipment and packaging waste as well as being responsible for over a million cages and the maintenance of other equipment including trays and dollies. By working closely together, Tesco and XPO hope to improve availability and reduce replacement costs at Tesco’s...
16 June 2015
Tesco and Unilever are testing their supply chain resilience with a new promotional strategy enabled by iBeacon technology. Increasing mobile capabilities The new initiative sees Tesco’s customers in London receiving discount coupons on their smartphones for Unilever’s Pink and Black Magnum ice creams when they pass an iBeacon. The iBeacons are located in 270 Tesco Express stores across the...
12 May 2015
Tesco has collaborated with Microlise, a telematics platform provider, to introduce a new journey management system to increase efficiency and reduce costs. Improving transport and turnaround efficiency The new programme has seen Microlise complete both hardware and software installation across 19 depots and in over 2,500 vehicles. The new systems are designed to reduce the mileage travelled ...
05 May 2015
Tesco has appointed Andrew Wolfenden as its new UK distribution director at Tesco, following the departure of Alex Laffey. Director experience Following the recent news that Alex Laffey has left Tesco to take on the role of CEO of Eddie Stobart Logistics, the retailer has revealed that Andrew Wolfenden will replace him as its UK distribution director. Wolfenden has been with Tesco for five ...
28 April 2015
Former distribution director of Tesco, Alex Laffey, is to become chief executive officer of Eddie Stobart Logistics, according to reports. Strengthening senior management Alex Laffey is to become CEO of Eddie Stobart Logistics, taking over from William Stobart who is taking up the new role of executive chairman. Laffey will begin his new role from 5 May as the logistics group looks to stren...