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Tesco 

Brand Value: $16,408 Million 

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 Snapshot

Brand Value - Methodogy

Books: The Sea, The Sea by Iris Murdoch; Staying On by Paul Scott; The Shining by Stephen King

Events: Elvis Presley dies; Queen’s Silver Jubilee; Tenerife plane crash; hat trick for Red Rum; Manchester United fires manager; Steve Biko dies in custody in South Africa

Films: Saturday Night Fever; Star Wars

Music: Sex Pistols reach number 2 with “God save the queen” despite ban; Paul McCartney sings “Mull of Kintyre”

Star Wars fever gripped the UK in 1977. The public queued for hours to grab unreserved tickets for the long-awaited film starring unknown actor Harrison Ford. Touts were selling £2.20 cinema tickets for £30 to the waiting crowds.

The cinema wasn’t the only place attracting queues of eager customers. Tesco’s audacious, “Operation Checkout” led by Lord MacLaurin killed off Green Shield Stamps, closed down all Tesco stores over the Silver Jubilee weekend and revolutionised the supermarket.

On Thursday June 9, when the stores reopened a huge number of customers forced Tesco Pontypridd to prematurely close for the day, while Preston shoppers emptied the shelves. Tesco’s checkout revolution started a momentum that carried the brand to its success today.

Campari demonstrated its versatility in 1977 with an ad starring Lorraine Chase as a glamorous woman with a strong Cockney accent. As a gentleman offers to ‘freshen her glass’ he asks: “Were you truly wafted here from paradise?” “No, Luton airport,” she replies.

Meanwhile, as Old Spice aftershave stirred us with a rousing chorus, Old Spice! Refreshing, invigorating, sensual! Perhaps it’s one reason why women are always impatiently waiting for their men to return from the sea!” We couldn’t seem to stop singing Cadbury’s, “Everyone’s a fruit and nut case.”

Appropriately for the year that Star Wars stormed into the UK, the Apple II, one of the earliest and most successful home computers was launched. Then there was BT’s relaunch of its luxury telephone – The Trimphone –with buttons, rather than a dial, for the first time. Not surprisingly, green slime was a big hit among school children.

 What do you think?

To celebrate our 50th Anniversary we have already chosen 50 Golden Brands from 1959 to 2008, but now we want you to help us choose the Golden Brand of 2009 which will be awarded at our 50th Anniversary Gala Dinner on November 16 at the Battersea Evolution.

Which brand do you think is worthy of our Golden Brand of 2009?

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 Latest comments

Tesco

Is your list is too driven by memorable advertising? That's worth celebrating, but a brand is much more. My vote for 1977? Tesco - the overnight replacement of Green Shield Stamps in "Operation Checkout", which transformed an entire industry.

Posted by Alan Giles on 6/11/2008 | 8:25 PM