Tesco wine

Tesco accused of 'blunderbuss' approach in scrapping supplier fees

18 Dec 2014 | By Gemma McKenna

Tesco’s move to scrap supplier fees and instead focus on getting the lowest prices upfront has been greeted with scepticism by leading consultants who describe is as “old-fashioned” and taking a “blunderbuss approach”.

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Supermarket

Price wars saved UK shoppers £182m in last three months, says Kantar

17 Dec 2014 | By Erin Smith

While the grocery market has returned to very slight growth, real grocery deflation, which has seen prices fall by 0.7% versus last year, equates to savings of £182 million for consumers in the last three months, according to Kantar. 

Tesco

Tesco in bid to scrap controversial supplier fees

15 Dec 2014 | By Gemma McKenna

Tesco is planning on scrapping its complex system of supplier fees in a move that could shake up the grocery sector.

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Pop the bubbles in time for Christmas

Prosecco dominates festive fizz sales at major retailers

11 Dec 2014 | By Gemma McKenna

Sales of Prosecco are fizzing across the major retailers in the run-up to Christmas, with Tesco predicting one in three bottles of sparkling wine sold this year will be the Italian favourite.

Tesco

Tesco credit rating in further jeopardy following profit warning

10 Dec 2014 | By Erin Smith

Moody’s Investor Services, an international credit rating agency, says Tesco’s profit warning “will further increase negative pressure on Tesco’s current rating” and that Tesco would remain under review for another possible downgrade.

Tesco sign

Tesco shares plummet as retailer warns on profits

09 Dec 2014 | By Gemma McKenna

Tesco has issued a warning flagging full-year trading profit will not exceed £1.4 billion – 20% lower than analysts’ expectations.

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International Wine Challenge 2015

M&S own brand wines wipe the floor at first round of International Wine Competition 2015

02 Dec 2014 | By Erin Smith

Marks and Spencer’s own brand wines cleared the decks at the first phase of the International Wine Challenge 2015, taking home 69 medals and outpacing nearest rival Tesco by 37 medals. 

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