Published: 01 October, 2014
Sainsbury's is to start comparing and benchmarking its pricing levels against Asda rather than Tesco as it looks to switch to a new mid-low pricing strategy following a fall in sales for the third quarter in a row.
Read more...
|
Published: 30 September, 2014
Tesco has moved five of its most popular bottled wines from its Finest range into 1.5 litre bag-in-box, after seeing growth in the format.
Read more...
Published: 30 September, 2014
Tesco's senior unsecured long-term debt rating and its short-term credit rating was placed "on review for a downgrade" by credit rating agency Moody's Investor Service following the announcement that it had overstated its profits for the first six months by an estimated £250 million.
Read more...
Published: 23 September, 2014
Tesco has pushed the start date forward of its new chief financial officer Alan Stewart to October 1 instead of December 1 after the fallout of yesterday's misstatement of profits.
Read more...
Published: 22 September, 2014
Tesco overstated its profits for the first six months up to August 23, 2014 by an estimated £250 million, according to a statement released by the company this morning.
Read more...
Published: 11 September, 2014
Tesco's UK and group wine director Dan Jago is to increase his responsibilities with the addition of the beer and spirits portfolio.
Read more...
Published: 05 September, 2014
Read more...
Published: 01 September, 2014
Following the success of last week's 'wine word-cloud' tasting held on 27 August, which focused on 100 wines from its Finest range, Tesco announced it will roll out similar tastings at its upcoming Wine Fairs.
Read more...
Published: 29 August, 2014
Tesco's stock tumbled 8.0% in early trading today as the company issued a second profit warning this year and announced it would be cutting its dividend by 75%.
Read more...
Published: 26 August, 2014
Tesco is cutting prices on a range of top wines as it starts clearing warehouse stock ahead of the Christmas rush.
Read more...
Published: 05 August, 2014
Tesco is inviting its consumers to join in a wine tasting to help come up with more customer friendly and impartial wine descriptors.
Read more...
Sales of the priciest ciders on the market have grown by £10 million in the past year, as British drinkers seek out more expensive artisanal versions of the drink.
Read more...
Moves by local councils to introduce a so-called "Tesco tax" on major supermarkets to raise money to be re-invested in high street areas could set a dangerous precedent warns the Association of Convenience Stores.
Read more...
Tesco customers' calls for increased variety in its Finest wine range were answered this week as the supermarket added seven new wines - including a Riesling from Slovenia.
Read more...
Marks & Spencer has claimed the International Wine Challenge Supermarket of the Year award for the second year running.
Read more...
Tesco Wine Fairs are set to return this coming autumn at five locations throughout the UK, including a switch to Earls Court in London to cope with the expected increase in visitors.
Read more...
The new, all-singing, all-dancing London Wine Fair was an apt setting for Harpers debate on how companies can harness consumer power to drive their businesses forward.
Read more...