Tesco re-brands Value range with 50s-inspired look
Supermarket colossus Tesco has re-branded its value range in a bid to re-create a more vintage style to enure the line keeps up with its competitors.
Supermarket colossus Tesco has re-branded its value range in a bid to re-create a more vintage style to enure the line keeps up with its competitors.
The chain's bosses have ditched the blue, white and red striped pattern for a more traditional 50s look, which is intended to make the appearance of the products more appealing.
The revamped line, which is now called 'Everyday Value', uses a variety of bright colours and images to compliment the food products which they contain.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
David Wood, marketing director of Tesco UK, said: "Tesco was the first supermarket to launch a Value range back in 1993, the blue-and-white striped brand giving customers a down-to-earth option. Almost 20 years on, affordable quality is more relevant than ever, but customer needs have changed. Everyday Value will provide products that taste better, look better and are healthier."
The Value label has grown at more than 9% year-on-year and will now contain more natural ingredients as well as tasting better.
However, the brand has not been wholly well-received by the experts, with Chief Executive Officer of Interbrand London, Graham Hales, telling marketingmagzine.co.uk that he "can't quite see what the Everyday Value design is trying to say."
"The new look doesn't feel very Tesco or have that shelf appeal that communicates that quality dimension," he added.
Whereas Cliona Lynch, Senior Retail Analyst at Verdict Research believes that this is "a wise move for Tesco", adding that "like a lot of things with Tesco, the range and the blue lines had become a bit dated - a refresh is only a good thing."
In line with the food retailer sector, Tesco fell 0.52% to 324.25p by 12:54.
NR
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Why Chinese stocks are so far out of favour
There’s little appetite for Chinese stocks despite low valuations.
By MoneyWeek Published
-
The 62 UK areas where you could be priced out of using your Lifetime ISA
Saving for your first home in Croydon, Ealing, Brent or any one of these other locations? You could be at risk of being priced out of using your Lifetime ISA
By Katie Williams Published