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In order to complete a report on Tesco I will need to describe how the company was formed, the history of the company, and share prices

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Introduction

By Abdul Saboor Mereykhail. Task 1 (P1, P2, P3) Research a public limited company, using a range of sources (newspapers, websites, the company's annual report and accounts). Present your information in report format (list the sources that you have used at the end of your report). In order to complete a report on Tesco I will need to describe how the company was formed, the history of the company, and share prices of the company over the last three years and major events that have made the news and have affected the share price of Tesco. Methodology: o Course books o Course notes o Internet Introduction to Tesco: Tesco is a leading food retailer store in the whole UK. They have about 592 stores in the UK and about 80 stores out of UK; in other countries, such as France, etc. The employment rate at Tesco is enormous with about 400,000 people employed every year. ...read more.

Middle

The name Tesco contains the initials of the owner, Mr. T. E. Stockwell, who supplied the firm with tea and of the initials of Jack's surname Cohen. In 1929, the name Tesco first appeared above a shop in North London. This business slowly expanded and within a few years many other stores where developed with excellent facilities and products. Tesco history time line: 1920: Tesco was formed when T.E. Stockwell and Jack Cohen came together. The brand name of Tesco came from the initials of T.E. Stockwell. The first Tesco store was opened in Burnt Oak, Edgware. 1930: in the USA a self service supermarkets was opened and a large number of products were sold with offering customers good prices. 1940: Jack Cohen opened the first store in St Albans and the first self service supermarket also opened. 1960: Tesco was a famous business and became well known amongst people. ...read more.

Conclusion

Tesco Share Price over the last three years: This graph shows the share prices for three years. From this graph we can say that Tesco is a very successful business because its share prices are increasing year by year. Major events affecting the share prices: In the beginning of 2004 the share prices were positive because many people were buying share from the Tesco then at the end of 2005 the Share price dropped because many events took place during the 2005 like people could not travel any where because they were afraid of the terrorist attacks and the air high hackers which meant that no one bought travel insurance from Tesco which meant that sales were affected making the share prices go down. In 2006 the share prices started to increase once again because now people had start traveling again. Also Tesco had opened many other departments within the store like they have opened a healthy eating department were they sell health nutrition food. This increased sales which mean that it had increased the share prices. ...read more.

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