Tesco news

19 May 2014
Tesco has reshuffled its UK operations team in a move that reflects the changing priorities of the business away from big box retailing towards smaller proximity formats. Tesco has reshuffled its UK operations team in a move that reflects the changing priorities of the business away from big box retailing towards smaller proximity formats. Tony Hoggett to oversee all Tesco UK formats ...
07 May 2014
Tesco Lotus has opened a new regional distribution centre (RDC) in northeast Thailand, according to press reports. £45m investment Tesco Lotus has invested 2.5 billion baht (approximately £45m) in building a state-of-the-art distribution centre in the Khon Kaen province of northeastern Thailand. The RDC will supply over 300 Tesco Lotus stores of all formats in the region. 1 million case ca...
22 April 2014
Amid disappointing full year results that revealed Tesco’s trading profit dropped 6% to £3.3bn, the retailer remains focused on its ‘building a better Tesco’ plan. A key part of Tesco’s plan is to drive growth in its online services. To do this a number of projects are currently underway which will see new fulfilment options, click and collect expansion and new pricing structures. Grocery home...
12 March 2014
Tesco is using a new app from IBM to better manage on-shelf availability. Digitally analysing products on shelf Tesco will use the app to photograph the current status of its shelves, including product quantities and locations. The app then connects to Tesco’s product database to analyse and identify the images. It compares the current display with the planned arrangement and instantly supe...
26 February 2014
Improving on-shelf availability has never been more important. In this low-growth environment retailer’s operations have to be razor sharp and getting the basics right is fundamental. Good on-shelf availability is one of the basics. IGD, with help from some friends (Tesco, Unilever and Asda – to a name a few) will start the debate at IGD’s Product Availability event next month. Can you afford...
02 December 2013
Tesco has just opened a dark store in Erith bringing the total number in its network to six, according to press reports. New dark store The dark store is automated and will be able to process up to 4,000 orders per day at full capacity. It will offer around 30,000 items, 16% more than the other dark stores in its network. The store adds to Tesco’s dotcom network in the south east which incl...
29 October 2013
Tesco has announced a trial to extend its sustainable dairy model to include its British cheddar producers. Establishing costs Like the sustainable dairy model, farmers will be paid a price that is based on the cost of production. The price has been reviewed independently and will start 1 November at the same rate as liquid milk producers. This trial hopes to help the group establish what t...
23 October 2013
Tesco is expanding its Click & Collect service to locations such as schools, libraries and sports centres, following a successful trial at three locations in York. The extended service sees Tesco enable its customers to collect online deliveries from places other than its store network for the first time, in a move aimed at making shopping as convenient as possible for its customers. Growin...
21 October 2013
Tesco has published its new food waste figures for its operation and, in an effort to reduce waste, is introducing new promotional and dating policies on certain products. Food waste Tesco's report tracked 25 of its best selling items from farm to fork as part of its commitment to take the lead in tackling food waste and to work with suppliers and customers to address this. Tesco's repor...
15 October 2013
Through strategic partnerships with suppliers, Tesco aims to reduce volatility and increase security of supply, according to press reports. Emulating its dairy groups The partnerships will be modelled on the sustainable dairy group it runs with British farmers. These groups help farmers by providing longer terms for supply contracts and pricing mechanisms to deal with market fluctuations. Thi...