Branded suppliers were left reeling this week in UK as Tesco and Sainsbury’s both launched concerted campaigns promoting their own-label ranges at the expense of brands.

Sainsbury’s announced a massive Switch & Save campaign, across all media, that will encourage shoppers to buy the retailer’s 15,000 own labels; while the Tesco website, Tesco.com, now flags up a cheaper alternative, usually own-label, when shoppers select a brand. Tesco’s initiative is backed by TV ads showing brands b...
Continue reading ...

Tesco is planning to open approximately 13 new stores in various formats in Poland by the end of February 2010, Polish media reports. This will help the company to complete its development project in the country for the current fiscal year with the opening of 25 new hypermarkets. At the moment Tesco has already opened 12 hypermarkets in Poland this year.

Tesco hopes to double the size of its convenience store empire — in a move sure to strike fear into the hearts of independent corner shop o...

Continue reading ...

Nov. 2 (Bloomberg) -- Tesco Plc, the U.K.’s biggest retailer, should consider buying Royal Ahold NV at a cost of about 15 billion euros ($22.2 billion) to accelerate its U.S. expansion, ING analysts wrote in a note.

Ahold, the Amsterdam-based owner of Stop & Shop and Giant supermarkets in the U.S., is “cheap on all metrics,” which may lead to takeover interest, analysts Peter Brockwell and John David Roeg wrote in a note dated Oct. 30 and received today. Tesco runs Fresh & Easy shops in...

Continue reading ...