ICIS Blogs : tesco

Tesco cuts 1.8bn plastic bags a year

Chemicals & The Economy — Mon, 04 May 2009 04:41:08 GMT

The combination of consumer environmentalism with retailer cost-cutting is having the expected major impact on the UK's use of plastic bags . All the big supermarkets have been running campaigns to reduce the use of these. Some, like Marks & Spencer...(read more)

Consumers prioritise "needs" versus "wants"

Chemicals & The Economy — Sun, 22 Feb 2009 11:47:19 GMT

The current recession is the blog's fourth, after those of the mid-1970s, and of the early 1980's and 1990's. It is, however, already different from these, as it is the only one which has led to comparisons being made with the 1930's Great...(read more)

The Age of Austerity

Chemicals & The Economy — Fri, 12 Dec 2008 11:22:02 GMT

The world's major retailers, particularly Wal-Mart and Tesco, keep a very close finger on the global economic pulse. They spotted looming recession 18 months ago - long before it became more widely apparent this year. Yesterday , Wal-Mart's UK...(read more)

CFOs see lending 'drying up'

Chemicals & The Economy — Sat, 13 Sep 2008 15:45:39 GMT

A year ago , Tesco, the UK supermarket giant, were early to see problems ahead in consumer markets. Now, they see problems developing for corporate lending. Last week, Tesco paid €100m more than expected when borrowing €3bn. But Nick Mourtant, group Treasurer...(read more)

'Grey hair and good advice matter'

Chemicals & The Economy — Sun, 10 Aug 2008 20:53:48 GMT

The credit crunch began a year ago. At that time, the blog was very much in a minority when worrying that it might turn into something big enough to impact 'the real economy' . A year later, it is fascinating to review the crunch's impact...(read more)

The blog's first birthday

Chemicals & The Economy — Sat, 05 Jul 2008 09:37:38 GMT

Its now a year since the blog started. Since then, 213 postings have appeared. It is now read in 72 countries and 620 cities (shown above). Most encouragingly, readership continues to steadily increase. Since January, it has risen a further 301%. The...(read more)