TESCO PLC (TSCO.L)

Web Site: www.tesco.com

DETAILS  
Index Membership: N/A
Sector: Distribution
Industry: Mass market distribution
Full Time Employees: 270,800

 

BUSINESS SUMMARY  
Tesco – the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores, the British Group, Tesco, is the king of supermarkets in Britain. Apart from being the national leader in the food sector, it is proud of selling everything to satisfy all its customers’ needs – books, CD/DVD/mini-discs, hi-fi and household appliances, household equipment, flowers, wine, apparel – the list goes on and on! With an eye to the future, Tesco has adapted to the rapid technological changes. It makes an astonishing profit from its on-line sales site – Tesco.com. Tesco Express also owns gas [petrol] stations and provides financial services: a joint venture with the Royal Bank of Scotland enables it to offer life insurance and general insurance (home, car, pet, travel), credit cards and advantageous loan and savings schemes. With almost 900 stores in all, today Tesco is a global player. It is well established in Ireland, Central Europe (Poland, Slovakia and the Czech Republic) and Asia (Thailand and South Korea). A hold which has, once more, increased on the British territory, thanks to the takeover of its competitor T & S Stores in January 2003.

Chart for TESCO PLC (TSCO.L)

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