Tesco - food industry company news 
Promo Tracker: Waitrose offers deepest promotions
7 February 2012
Waitrose's promotions offered consumers the highest saving on average, according to the latest data from the just-food Promo Tracker.
2012 - Supermarket battles to drive supplier M&A
6 February 2012
Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.
Best bits: Food makers look ahead to another tough year
6 February 2012
2011 was a year of low consumer confidence, pressure from raw material costs and ever-increasing demands from retailers. This year is set to see more of the same.
Quote, unquote: just-food's week in words
6 February 2012
The appointment of a new CEO at Carrefour caused a flurry of comment throughout the industry, with pundits outlining what the new chief's priorities ought to be. Unilever and Kellogg were among manufacturers that announced annual results, while Hain Celestial, reporting its half-year numbers, said it saw a number of acquisition targets in the US. Elsewhere, suppliers expressed anger at a decision in Europe to block the use of new nutrition claims.
2012 - Savvy shoppers, online key areas of retail focus
3 February 2012
In part two of our management briefing, Sam Webb talks to experts about the possible changes to the landscape of the food retail sector in 2012, amid power shifts, market volatility, evolving shopping trends and changing consumer habits.
UK: Tesco moves UK COO Robbins to new role
2 February 2012
Tesco has moved Bob Robbins, COO of its UK operations, to a new role just weeks after the executive attracted headlines for selling shares in the retailer days before a profit warning.
UK: Iceland glitters, Tesco feels the chill - Kantar
31 January 2012
UK grocery retailer Tesco dropped market share, while Iceland put in its strongest performance in a decade, according to the latest data from Kantar Wordpanel.
UK: Tesco considers ditching Carbon Trust labelling
30 January 2012
UK retail giant Tesco has said it is reviewing its use of the Carbon Trust's carbon reduction label on its products.
UK: Kingdom Bakers enters into receivership
30 January 2012
UK-based Kingdom Bakers has gone into receivership, putting around 100 jobs on the line.
INDIA: Spar in talks to expand in India
27 January 2012
Spar International is in talks with retailers in the India as part of a bid to grow its store network in the country.
UK: Tulip chief Murrells to lead Co-op's food business
27 January 2012
Steve Murrells, the chief executive of UK meat processor Tulip, is to become CEO of The Co-operative Group's food retail business.
UK: McNeil adds to Benecol yoghurt range
26 January 2012
McNeil Nutritionals has added to the range of Benecol yoghurts on sale in the UK.
Best bits: New year, still uncertainty at Carrefour
24 January 2012
Tesco executives may feel they have a lot on their plate but their "to do" list is not as long as that sitting in front of their counterparts across the English Channel at Carrefour.
Quote, unquote: just-food's week in words
23 January 2012
Executives at Müller and Robert Wiseman Dairies espoused the benefits of the German yoghurt maker's decision to buy the UK milk supplier, a deal that divided analysts. Industry watchers also scrutinised the latest trading updates from Premier Foods plc, the UK's largest food manufacturer and Carrefour, the French retail giant, while Kraft Foods chief Irene Rosenfeld said the US group's 2011 results means it is one of the industry's better performers - on the day job cuts of 1,600 were announced.
UK: Asda pours scorn on Tesco voucher scheme
18 January 2012
UK retailer Asda has blasted major rival Tesco after it today (18 January) announced a new coupon scheme.
Best bits: Muller faces challenges in UK milk sector
16 January 2012
Muller and Robert Wiseman Dairies are talking up the benefits of the German yoghurt maker's planned takeover of the UK milk supplier but profits in the sector have been under pressure in recent months.
UK: Tyrrells readies Crinkly Veg crisp launch
16 January 2012
UK crisp maker Tyrrells is to add a Crinkly Veg variant to its vegetable crisp range in its domestic market.
UK: Muller in talks to buy Robert Wiseman Dairies
13 January 2012
Yoghurt maker Müller is in talks to buy UK milk supplier Robert Wiseman Dairies, it emerged today (13 January).
On the money: Tesco's Clarke admits UK failings
13 January 2012
Tesco CEO Philip Clarke has said the UK retailer will focus more on products and on service to revitalise the company's poor underlying domestic sales.
UK: Tesco "confident" share sale above board
13 January 2012
Tesco has insisted a senior executive who sold shares in the business last week was unaware of the retailer's plans to issue a profit warning.
Comment: Values not just value must underpin Tesco revival
13 January 2012
Tesco's continuing difficulties in the UK forced the retailer to stun the City with something of a profit warning. As Chris Brook-Carter writes, the company needs to look beyond price to regain the ground lost to the likes of Sainsbury's.
Quote unquote: just-food's week in words
13 January 2012
Major UK retailers reported a bit of a mixed Christmas, with Tesco's shares sliding following a trading announcement, while Sainsbury's claimed a "record-breaking" festive period. The fortunes of US baker Hostess Brands are more clear cut. The company this week entered Chapter 11 bankruptcy protection for a second time.
CZECH: PepsiCo in talks with Tesco after pulling products
13 January 2012
PepsiCo and Tesco's Czech divisions are locked in talks after the US food and drink giant decided to stop supplying the UK retailer's stores in the country.
What the analysts say - City verdict on Tesco
13 January 2012
Tesco's trading update - which included another fall in UK sales - and a forecast for weak profit growth in its next financial year sent shockwaves through the City and the wider UK economy. Here, leading analysts run the rule over Tesco.
Promo Tracker: Asda upped discounts in December
13 January 2012
Asda, unlike Tesco and Sainsbury's, increased its number of promotions in December, according to data from just-food's Promo Tracker.
Editor's choice: highlights on just-food this week
13 January 2012
The performance of the UK food retail sector over Christmas came under scrutiny this week and there were some clear winners and losers. Elsewhere, the M&A rumour mill continued to turn, with German yoghurt giant Müller in talks to buy UK milk supplier Robert Wiseman Dairies. In the US, baker Hostess Brands applied for Chapter 11 protection for a second time, Cargill reported its worst quarter in a decade and Archer Daniels Midland announced a swathe of job cuts. On just-food's insight pages, we looked at Bi-Lo's plan to buy fellow UK retailer Winn-Dixie and at the importance of price optimisation.
just-food's research round-up
13 January 2012
This week's featured research from the just-food store includes a look at worldwide flavour trends, analysis on the UK supermarket sector and a report on the sustainability strategies used by food and drink manufacturers.
UK: Tesco shares tumble on bleak profit outlook
12 January 2012
Shares in Tesco fell by more than 15% this morning (12 January) after the retailer reported another fall in UK sales and warned profits would not grow as fast as expected in its current financial year and in the next 12 months.
UK: Hilton forecasts growth following positive FY
12 January 2012
Meat packing business Hilton Food Group said today (12 January) it had traded in line with expectations in the year to 1 January.
UK/US: Tesco mothballs clutch of Fresh & Easy stores
11 January 2012
Tesco has decided to temporarily close 12 "under-performing" Fresh & Easy stores in the US.
Related research
Tesco PLC (TSCO) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Tesco PLC provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Tesco PLC - SWOT Analysis
Datamonitor's Tesco PLC - SWOT Analysis company profile is the essential source for top-level company data and information. Tesco PLC - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Tesco ("the company") is one of UK’s leading food and grocery retailers. The company operates in Europe, the US and Asia. Tesco is headquartered in Hertfordshire, the UK and employs about 472,000 people. The company recorded revenues of £56,910 million ($90,445.4 million) during the financial year ended February 2010 (FY2010), an increase of 5.6% over 2009. The operating profit of the company was £3,457 million ($5,494.1 million) in FY2010, an increase of 9.1% over 2009. The net profit was £2,327 million ($3,698.2 million) in FY2010, an increase of 9.1% over 2009.
Tesco PLC (TSCO) - Financial and Strategic Analysis Review
Tesco Plc (Tesco) is an in-store and online retailer. The company is engaged in the operations of 4,811 multi-format stores including stores which are classified into six formats, differentiated by size and the range of products sold, they are, Homeplus, Superstore, Extra Stores, Metro, Express and Hypermarkets. The company offers a wide array of food and non food products, including clothing, telecom, fuel, household appliances, home entertainment, health and beauty products, consumer electronics products and electrical goods, banking, stationery, kitchen utensils, soft furnishings and other related products.
