Harpers Wine & Spirit Trade News

Tesco drops 300 wines from range and eliminates half price deals

Published: 29 October, 2015

Tesco finally unveiled the full extent of their new range and pricing policy at their autumn press tasting in London Tuesday.

Tesco boss claims 'sustained improvement' but first-half profits fall by 54%

Published: 07 October, 2015

Tesco saw group operating profit before exceptional items fall by 54.6% to £354 million in the 26 weeks to August 29.

Jago to join Berry Bros & Rudd as chief executive

Published: 12 August, 2015

Tesco wine boss Dan Jago will join Berry Bros & Rudd as chief executive in October.

Rosie Davenport: Testing time for Tesco

Published: 31 July, 2015

It could be a long summer for suppliers waiting to hear whether they've made the grade as the extent of the Tesco's wine range cull starts to ripple through the trade.

Analysis: The squeeze on supermarket wine aisles

Published: 20 July, 2015

As multiples battle for share, tough times lie ahead for supermarkets and suppliers and the challenges facing the sector

Sales continue to fall at Tesco but rate of decline has slowed under new chief executive

Published: 26 June, 2015

UK sales at Tesco continued to fall in the first quarter of its new financial year - though the decline was less dramatic than during the horror show of 2014/15.

Tesco admits to 'probable breaches' of Groceries Supply Code

Published: 08 June, 2015

Tesco has in it's recently released annual report stated that "regrettably, we have conclude that there have been a number of instances of probable breaches of the Code which fall short of the high standards we expect to uphold in our dealings with our suppliers."

Morrisons returns to growth, and Lidl takes its highest market share

Published: 02 June, 2015

Morrison returned to growth for the first time since December 2013, the latest grocery share figures from Kantar Worldpanel have shown, while Lidl rose its highest recorded market share.

Tesco appoints former Diageo lawyer to head up legal team

Published: 29 May, 2015

Tesco has appointed Diageo's former lawyer David Berry as its first UK legal director, according to legal publication, The Lawyer.

Consumers win as supermarket wines awarded nearly 500 medals at IWC 2015

Published: 13 May, 2015

Consumers are the real winners this year, with almost 500 medals from the 2015 International Wine Challenge being awarded to supermarkets' own-brand and exclusive wines.

Kantar: £532m lost from supermarket revenue pool in just three months

Published: 06 May, 2015

Kantar Worldpanel released it most recent UK retail figures today showing that "a massive £532m has been taken out of the supermarket revenue pool in just three months" according to Fraser McKevitt, the head of retail and consumer insights at Kantar.

Tesco 2015 results report a £6.4 billion loss

Published: 22 April, 2015

Tesco has reported the worst annual financial results in the retailer's 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.

Tesco confirms shake up of wine buying team

Published: 16 April, 2015

Today Tesco confirmed several changes to its wine buying team as a result of a restructure including the appointment of James Davis MW as category buying manager for wine as well as some key departures.

Tesco to restructure wine buying team and bring in a new MW to help lead

Published: 15 April, 2015

Tesco is said to be announcing a number of changes to its wine buying team including bringing back James Davis MW from Greene King and a series of redundancies, according to a report on harpers.co.uk sister publication Off Licence News.

Aldi overtakes Waitrose to become Britain's sixth largest supermarket

Published: 08 April, 2015

Aldi has overtaken Waitrose to become the sixth largest supermarket in Britainwith 5.3% of the market, according to Kantar Worldpanel's retail figures released today.

Tesco faces potential multi-billion pound UK shareholder claim

Published: 24 March, 2015

Tesco is facing a potential multi-billion pound class action lawsuit in the UK by a not-for-profit organisation representing its shareholders, in relation to the profit overstatement it announced last year.

Tesco signs property swap with joint-venture partner on 21 stores

Published: 20 March, 2015

Tesco has signed a deal to regain full ownership of 21 superstores that it owned-jointly with a property investment company.

Supermarkets lose £400m in sales as price deflation gives further savings to consumers

Published: 10 March, 2015

Supermarkets are missing out on £400 million in sales as price deflation continues to pick up pace offering further savings to consumers, according to latest figures from Kantar Worldpanel.

Dan Jago was "never suspended" from the business says Tesco

Published: 05 March, 2015

Tesco has confirmed to Harpers.co.uk that Dan Jago, who is returning to the business on March 9, was never actually suspended from the company, but asked to "step aside".

Shifting retail landscape likely to benefit independents, Wilson says

Published: 05 March, 2015

Shifts expected in the off-trade over the next 12 months are likely to create a "huge opportunity" for independent merchants, according to Tim Wilson of the Wilson Drinks Report.