Tesco’s convenience business is focusing on innovation to satisfy customers rather than differentiation, according to Neil McCourt, managing director of its Metro format. Speaking at the 2013 IGD Convenience Conference, 21 November 2013, McCourt said there was a danger of
Tesco has recorded a 1.8% increase in same store sales for the six weeks to 5 January 2013 – its strongest growth rate for three years. According to the retailer, growth was driven by a much stronger food performance than
Tesco is focusing on its Express convenience chain and fulfilling online grocery and general merchandise orders in the UK in its bid to turnaround the business, which has reported its first profits fall since 1994. Pre-tax profit for the 26
UK retailer, Oasis; US brands, American Eagle, Gap and Express; and Kiabi of France, are the top performers in the first omni-channel survey of fashion retailers by Kurt Salmon, the global retail and consumer goods consultancy. Kurt Salmon said it will
Spar International has opened two Express convenience stores in Zimbabwe. Spar already trades from over 70 outlets in Zimbabwe and has opened 12 new stores there in the last 18 months. A further 10 will be opened by June 2011.
Tesco is investing £20m in a new distribution centre in Enfield for its e-commerce business and Express convenience chain. It will be developed in partnership with Gazeley, a leading provider of sustainable logistics. The 152,000sq ft unit will be located