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UK shopping giant Tesco is threatening a ban on customers who turn up to do the groceries in their pyjamas, as the prevalence of people turning up in dressing gowns and slippers is becoming a common site in supermarkets across the nation.
Tesco Extra in Cardiff is the first shopping centre in the UK to threaten [...]
12th Jan 10
Tesco unveils new Lifespace hypermarkets in China
by Natasha Redman
Tesco has announced that it will continue its retail assault in China with the launch of a new 30,000 square metre Lifespace shopping centre in Qingdao.
The company unveiled the first of 23 planned Chinese freehold malls, with some including flats, cinemas and office space.
Tesco, which on Tuesday will update the City on its Christmas trading, [...]
17th Dec 09
Inflation soars to 1.9 per cent
by Natasha Redman
It has been revealed that the increasing cost of petrol sent inflation heading skywards for the second month in a row for the month of November.
The Consumer Prices Index (CPI) went up to 1.9 per cent in November from 1.5 per cent the month before, according to the Office for National Statistics (ONS).
Average pump prices [...]
14th Dec 09
Asda and Tesco launch petrol price war
by Adam Richards
A petrol price battle is under way after two leading supermarket giants announced they were reducing prices by up to 3p a litre at the pumps.
Supermarket chain, Asda, was the first to release details of the price cuts for unleaded petrol and diesel, soon followed by Tesco, as the two heavyweights passed on a drop [...]
10th Dec 09
Tesco confident after sales increase
by Sally Davies
The largest supermarket in the UK has reported signs of increasing consumer confidence after it posted an increase in like-for-like sales of 2.8 per cent.
Tesco has said that rise in sales in the last three months ending in November revealed an encouraging trend towards shoppers returning to normal spending habits.
Even though the supermarket giant’s like-for-like [...]
19th Nov 09
Tesco embarrassed by orange flute band gaffe
by Adam Richards
As Tesco wanted to bring a little colour into the opening of a new multi-million pound store, managers believed they had found the perfect entertainment with local musicians.
However the supermarket chain was left embarrassed after failing to take into account the West of Scotland’s sectarian sensitivities by booking an Orange flute band.
Bandmembers of the Bellshill [...]
18th Nov 09
Sainsbury’s losing customers to rivals
by Paul Russell
A new report has shown that Sainsbury’s is losing customers to rival supermarkets.
Shoppers moved more than £11 million worth of spending from Sainsbury’s to competitors in the 12 weeks leading up to the 12th of November according to data from TNS worldpanel.
Waitrose is believed to have taken £4 million of the spend away from Sainsbury’s, [...]
30th Oct 09
9,000 jobs to be created by Tesco and Best Buy
by Adam Richards
US electrical goods firm Best Buys is set to create 8,000 jobs in the UK over the next five years.
Best Buys is the world’s largest consumer electronics retailer and will open its first UK outlets in Thurrock and Southampton this spring.
The news follows an announcement by Tesco that said it was planning to recruit another [...]
15th Oct 09
Tesco boss slams Labour’s education policies
by Katie Naylor
Tesco boss and Gordon Brown’s adviser have launched a devastating attack on the woefully low state of Britain’s schools.
Sir Terry Leahy, chief executive and former key education adviser to Prime Minister Brown has alleged that the Government has been excessively meddling with schools, leaving teachers distracted from their main task of passing knowledge onto children.
He [...]
8th Oct 09
Sainsbury’s sees sales rise by 5.4%
by Adam Richards
Sainsbury’s supermarket group has posted a 5.4% increase in second quarter sales as it maintains the pressure on market leader Tesco.
The firm said it performance was good in what remained a challenging consumer environment, but it warned that growth would slow in the future as inflation eases.
Sainsbury’s said that the company now makes over 18.5 [...]
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