Weather Tonight: 9°c Light showers Morning: 14°c Overcast

Business

HEADLINES:
Tesco
Ringing in the changes: Tesco is revamping its Clubcard scheme

Clubcard gets £150m revamp from Tesco

Lucy Tobin
08.05.09

TESCO is today splashing out £150 million on luring more customers by relaunching its Clubcard loyalty scheme, a month after posting figures showing sales surpassing £1 billion a week.

From Monday, Clubcard vouchers, which could previously be cashed in at face value in Tesco stores or worth up to four times the amount if swapped for deals with partners like Pizza Express, will be worth double if used to pay for goods at the chain's supermarkets.

The UK's largest retailer already has 15 million Clubcard customers, but hopes the scheme will attract at least a million more.

Tesco shares rose 2.9p to 347.9p.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
Market Roundup
MONDAY UPDATE

Morgan Stanley casts cloud over Thomas Cook and Tui

Fresh weakness in the dollar gave a further boost to commodity prices which, in turn, brought in the buyers for mining shares

More



City Spy, cityspy@standard.co.uk

To be Frank, he’s a heroin of our time

“It's been a while since Frank Timis graced City Spy so a big shout out to the former boss of Regal Petroleum who told the market he'd found a whole load of oil in Greece only for it to turn out he hadn't

More

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses
Service Area or postcode