TescoGate analysis: What next for suppliers and grocery multiples
Wine suppliers call for clarity over where multiples are headed next, as the Tesco scandal claims its first wine executive.
Read more...Wine suppliers call for clarity over where multiples are headed next, as the Tesco scandal claims its first wine executive.
Read more...Tesco wine suppliers are reeling and calling for steps to be taken to bring confidence back to the supply base following the news that global BWS director Dan Jago has been suspended.
Read more...Dan Jago, Tesco's global head of wine, beer and spirits, has been suspended along with two other directors as the investigation into the £250 million accounting blackhole at the retailer continues.
Read more...For all those skeptics out there who don't think retailers engage with their customers, we've got heartening news. They do. Pat on the back goes to Tesco drinks supremo Dan Jago for the following Twitter exchange.
Read more...Bag-in-box is due a revival, with smaller formats leading the way, according to figures from Nielsen which show the 2.25 litre box has grown 8.7% by volume in the past year.
Read more...Today's disruptive technologies will be expected by consumers tomorrow, delegates at 2014 IGD Convention told.
Read more...Tesco has taken a bit of a battering in recent months, with profits slipping and then the little matter of the £250 million profit overstatement. But although Tesco is in the spotlight, there are issues for all of the major retailers right now, as the discounters go from strength to strength and the Big Four's choke hold on the market weakens. Harpers.co.uk spoke to some of the wine trade's key suppliers and ex-buyers to find out their views.
Read more...A host of leading Tesco wine suppliers have said they are not surprised by the supermarket's £250 million accounting black hole - but say suppliers must "push back" harder against buyer demands.
Read more...In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
Read more...Concha y Toro UK has appointed Tesco's former technical manager for wine, Andy Gale, to head up its new business and technical development.
Read more...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...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...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...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...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...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...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...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...Tesco is cutting prices on a range of top wines as it starts clearing warehouse stock ahead of the Christmas rush.
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