Tesco delivers record group sales
Tesco delivered record group sales over Christmas, up 11.5 per cent in the seven weeks to January 7. The retailer says “one-stop” food and non-food shopping at its 117 Tesco Extra stores was “particularly popular”.
Tesco delivered record group sales over Christmas, up 11.5 per cent in the seven weeks to January 7. The retailer says “one-stop” food and non-food shopping at its 117 Tesco Extra stores was “particularly popular”.
At the end of every week, we look at the key stories, offering our view on what they mean for you and the industry. From Elon Musk sacking Tesla’s 40-strong marketing team to McDonald’s shining a light on the power of ‘stillness’, it’s been a busy week. Here is my take.
The FMCG giant is looking at “new category opportunities” as it looks to regain market share and tackle the threat of private labels.
Morrisons CMO Rachel Eyre describes loyalty as a two-way street so says the supermarket must be “hyper-personalised” in its offer to get more people “voting with their feet”.
Marketers may like to be believe they can identify with a wide range of people but, in reality, they are as likely to be led by their biases as anyone else.