Tesco on top

The publication this week of Tesco’s first-half results underlined yet again the retailer’s dominance of the UK grocery sector. But, writes Katy Humphries, sustaining such impressive growth demands continued innovation, and hinges on the success of the retailer’s ambitious international expansion plans.

Tesco looks to build on success at home and abroad

6 October 2006

THAILAND: Tesco “continuing as normal” despite expansion freeze

5 October 2006

As talks continue between international retailers and the Thai government, Tesco has told just-food that it is ‘business as usual’ for its Thai unit.

UK: Tesco’s heat-seeking technology to increase efficiency

4 October 2006

Tesco has installed heat-seeking technology to sense the number of customers entering its stores. This information can then be used to predict the number of cash registers a store will require at any given time.

UK: Tesco steps up pace of international growth

4 October 2006

Revealing first half profits that broke the GBP1bn (US$1.88bn) mark yesterday (3 October), Tesco said that it intended to increase the pace of its expansion in global markets.

UK: Tesco first-half profits top GBP1bn

3 October 2006

The UK's largest retail group Tesco has reported a 12.5% rise in underlying first-half profits to GBP1.15bn (US$2.17bn) for the 26 weeks to 26 August, as the company reduced prices to win market share.

INDIA: Bharti says Tesco preferred partner – report

27 September 2006

According to reports in the Indian press, Bharti Enterprises said today (27 September) that it is in talks with various international retailers regarding its planned foray into the grocery arena, indicating that the UK’s Tesco is currently its partner of choice.

US: Tesco format could be bigger than anticipated

21 September 2006

Reports are coming in from the US that Tesco, the UK’s leading grocery chain, intends to take over a 32,00-square-foot former Albertson’s store in Glassell Park, Los Angeles, a move that could indicate the retailer intends to build stores bigger than first expected when it enters the market.

TAIWAN: Carrefour completes Tesco conversions

25 August 2006

French retail group Carrefour has completed the conversion of six former Tesco stores in Taiwan.

UK: Tesco misses CC deadline

11 August 2006

The UK’s largest retailer Tesco has missed the Competition Commission deadline of yesterday (10 August) for returning a questionnaire that will help the CC complete the first stage of its inquiry into the UK’s grocery retail sector.

CZECH REPUBLIC: Carrefour exits market in Tesco swap

19 June 2006

Carrefour CEO José Luis Duran has confirmed that the world’s second largest retailer will trade its business in the Czech Republic with Tesco in exchange for the UK company’s stores in Taiwan.

Tesco banks on international expansion – ANALYSIS

26 April 2006

Tesco may have just turned in a bumper £2.2bn profit, but international expansion will be key to sustaining success in the decades ahead, writes Andrew Don.

Tesco thinks small in bold US move

2 March 2006

In announcing its move into the US, Tesco has set itself a daunting challenge, one that has defeated other European retailers. Katy Humphries looks at what makes Tesco’s move different and why analysts expect the company may have a decent chance of success.