The British grocer hopes to have a corner of the US market in the bag with its brave Fresh & Easy venture, reports Richard Fletcher in Los Angeles Tim Mason is packing bags for customers in the Fresh & Easy convenience store in Lakewood, Los Angeles. While the Fresh & Easy chief executive packs, customers […] ↓ Read the rest of this entry…
One desktop and seven laptops available in 160 Tesco stores As of today, Tesco customers can now pick up a Dell computer in over 160 Tesco stores and online through Tesco Direct. The launch range consists of a desktop PC priced at £399 and seven different laptops starting from the same price. Two Dell XPS […] ↓ Read the rest of this entry…
Tesco plans to open Tesco Express in Shanghai. After multiple media reports of the impending opening, a representative from Tesco Shanghai says that it is true that Tesco will open a convenience store in Shanghai, but the detailed time is not available. Financial Times reported that Tesco will open the first convenience store in February […] ↓ Read the rest of this entry…
The first Tesco Guangzhou store has opened at Sheng Di Plaza, Baiyun District, Guangzhou, which is Tesco’s first wholly-owned foreign store in south China. Tony Hoggett, operation director of Tesco (South China), says that Tesco will start its large-scale expansion with single-owned stores and in 2008 it will focus on first-tier cities in the Southern […] ↓ Read the rest of this entry…
Both Tesco and Carrefour in Thailand have launched aggressive price cutting campaigns. Tesco Lotus said it would cut the prices of 500 products by an average of 7.5% – equal to the current rate of inflation. The price cuts are part of its latest “Roll Back” campaign, touted as an effort to help customers save […] ↓ Read the rest of this entry…
Booths, Britain’s remaining independent supermarket group, is holding its own against competition from the big chains. The Preston-based company saw a 30% increase in profit last year from £6.9m the year before as shoppers snapped up its locally sourced foods. Edwin Booth, the fifth generation family member to head the firm, said its ethical and […] ↓ Read the rest of this entry…
There’s no escaping the fact that times are tough, so much so that retailers are having to ‘think outside the box’ more than ever to find alternative ways to drive their revenues. Whilst it is proving difficult to continue growing sales from their existing core businesses, I think there is evidence of some good examples […] ↓ Read the rest of this entry…
Supermarkets began a petrol price war yesterday, bringing relief for millions of motorists in response to a fall in oil prices. Asda announced a cut in the cost of unleaded and diesel by 3p a litre, a move that triggered Morrisons’ 4p a litre reduction for unleaded petrol and diesel. Sainsbury’s followed suit with a […] ↓ Read the rest of this entry…
Asda has overtaken its rival Sainsbury’s for the first time to become the UK’s second biggest online grocer. The Wal-Mart-owned supermarket chain grew its home shopping grocery sales by 71.8 per cent for the 12 weeks to 15 June, compared with the same period last year, according to TNS Worldpanel figures seen exclusively by The […] ↓ Read the rest of this entry…
Tesco’s US retailing venture looks set to bow to criticism of the at-times austere design of its stores and incorporate local and community design features for the first time. Fresh & Easy, which operates more than 60 stores in California, Nevada, and Arizona, is understood to be preparing the shift later this year as design […] ↓ Read the rest of this entry…
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