UK: Tesco CFO defends Big Price Drop
By Dean Best | 8 December 2011
Tesco CFO Laurie McIlwee today (8 December) defended the results of the retailer's Big Price Drop promotional campaign after the company reported another quarter of falling UK sales.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.

Tesco CFO Laurie McIlwee today (8 December) defended the results of the retailer's Big Price Drop promotional campaign after the company reported another quarter of falling UK sales.

- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Talking shop: City hails buoyant Booker's move for ailing Makro
Parts of the City had called for Booker to buy Metro Group's UK arm Makro a year ago and, this week, the UK food wholesaler has announced a cash-and-shares takeover for the business. Analysts have welcomed the deal, even for a loss-making business, which also includes an ongoing "partnership" between Booker and Metro. Dean Best reports.
UPDATE: UK/GERMANY: Booker deal will strengthen Makro - Metro
Metro Group said today (30 May) the sale of its Makro arm in the UK to local wholesaler Booker will make the loss-making business stronger.
Category crunch: Turbulent times in UK liquid milk
The UK liquid milk sector is experiencing an ongoing decline in value sales. Despite gradually increasing volumes, the price being paid for milk is dropping. As a consequence, milk producers find themselves struggling to turn a profit in the category. In part one of our Category Crunch, Katy Askew looks at the dynamics shaping the UK's liquid milk market.
Market research related to this article
Tesco in Poland: Local Profile
This is a comprehensive report covering the company’s local operations. It also includes key financial and operational performance details of the company. In addition, the report presents the strategy of the company, market share and investment plans...
Tesco Food & Grocery | Customer Insight
UK Customer Insights 2012 provide a comprehensive analysis of a retailer's customer profile, looking at demographics and spending motivations. The consumer data which makes up each profile is captured through a nationwide survey of 6,000 shoppers. Th...
Tesco China: Consumer Profile
The effects of the global recession and the following recovery have led consumers to closely examine their choice of retailer and products purchased. While the effects have varied country by country, no retailer has been left totally untouched and th...












