FDBusiness.com

Tesco to prioritise online, UK market and International growth

 Breaking News
  • Royal A-Ware and Glanbia Ireland to Build New €140 Million Continental Cheese Facility Royal A-ware, a leading global cheese and dairy producer in The Netherlands, and Glanbia Ireland, Ireland’s largest dairy processor, plan to enter a strategic partnership that proposes to build a new continental cheese manufacturing facility in Belview, County Kilkenny, Ireland. It is proposed that a total of €140 million will be invested in this best-in-class [...]...
  • Pladis Appoints Global CEO Pladis, one of the world’s leading snacking companies, has appointed A Salman Amin as global CEO. He will take over the leadership officially in February. With a strong reputation in the food and drink sector, Salman Amin takes up the role after a highly successful international career spanning 30 years and three continents. Most recently, he [...]...
  • ADM Adds New Line of Specialty Tapioca Starches For the EMEA Region Archer Daniels Midland Company has announced a long term partnership with General Starch Limited (GSL), a leading tapioca starch producer located in Thailand. ADM will have exclusive distribution rights of the GSL modified tapioca starch products in the majority of the European countries, as well as in the Middle East and Africa. This range of [...]...
  • Louis Dreyfus Company to Exit Dairy Louis Dreyfus Company, a leading international merchant and processor of agricultural goods, has announced its decision to exit its dairy business by mid-2019. The move is in line with the company’s strategy over the past three years to exit non-core areas and refocus on its core businesses, including investments in origination markets and expansion along [...]...
  • Lucozade Ribena Suntory to Invest £13 Million in UK Factory Japan-based Suntory Beverage & Food is investing £13 million in its UK-based subsidiary Lucozade Ribena Suntory to install a new, high-speed bottle filler at its factory in Coleford, Gloucestershire. The new filler will produce 1.3 million bottles a day and will be instrumental in increasing productivity and efficiency at the Lucozade Ribena Suntory factory. The investment [...]...

Tesco to prioritise online, UK market and International growth

Tesco to prioritise online, UK market and International growth
June 03
08:08 2013

International growth, getting the UK back to a market leading position and establishing muliti-channel retail leadership are the three “top priorities” for Tesco, according to the retailer’s ceo.

In this video, released on the company’s website, ceo Philip Clarke discusses its annual report for 2012-13, its exit from the US, investments within its UK business and its online efforts.

‘Future investment’

“The world has been changed by the internet, and we feel it’s important that future investments go where they will get the best return,” said Clarke. “We feel that’s a combination of stores and the internet.”

Clarke also revealed the best and worst performing Eurozone countries for Tesco. For news on Tesco’s first quarter results, released on June 5, click here .

Watch this video to find out how Clarke felt Tesco had made a “Herculean effort” to improve its UK business and how something as simple as a yellow banana could prove value to customers.

FoodManufacture.co.uk’s full report on Tesco’s first quarter results is available here .

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements