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Tesco PLC · Cheshunt, Hertfordshire United Kingdom ·(Pink Sheets: TSCDY)(London: TSCO)

Company Description

New Tesco House Delamare Rd.
Cheshunt, Hertfordshire
EN8 9-SL
United Kingdom (Map)
Phone: +44-1992-632-222
Rankings
  • FTSE 100
  • Dow Jones STOXX 50
  • #106 in FT Global 500
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Tesco is proof of the good a little dressing up can do. The world's third-largest grocery retailer, Tesco runs more than 4,330 stores in the UK (where it's the #1 retailer), and 13 other countries in Europe, Asia, and now also in the US (under the Fresh & Easy banner). Built on the "pile it high, sell it cheap" creed of founder Sir Jack Cohen, Tesco abandoned its discount format, with its down-market image, for a variety of dressier midmarket formats. Its operations include supermarket, convenience, and gasoline retailing (Tesco Express), small urban stores (Tesco Metro), superstores (Tesco Extra), and financial services (Tesco Personal Finance). Tesco.com is Britain's leading Internet delivery service. To read the full description, subscribe now.
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Key Tesco PLC Financials

Company TypePublic - Pink Sheets: TSCDY - London: TSCO

Headquarters
Fiscal Year-EndFebruary
2009 Sales (mil.)$77,454.0
2008 Employees444,000

Tesco PLC Executives

31 executives listed for Tesco PLC's Cheshunt, Hertfordshire location.
TitleName & BioContact
Non-Executive ChairmanDavid ReidNetwork
Deputy ChairmanRodney ChaseNetwork
Chief Executive and DirectorTerry LeahyNetwork

Competition

Competitive Landscape for Tesco PLC
Population growth and consumer tastes drive demand. Because margins are low, the profitability of individual companies depends on high volume sales and efficient operations. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, marketing, and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the US. Other competition includes specialty food stores, convenience stores, drugstores, dollar stores, and, to some degree, restaurants. To read the full description, subscribe now.
Top Tesco PLC Competitors
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