• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Tesco Review B-TEC

Extracts from this document...

Introduction

Tesco is a large Public Limited Company based in Hertfordshire, England that has over 2300 stores in 13 countries worldwide with over 273,000 employees. Founded in 1919 by Jack Cohen, Tesco is now Britain's biggest retailer by global sales and domestic market shares as well as being the world's fourth biggest retailer. Initially, Tesco was a grocery business retailing only food and drink, however, the company have expanded internationally in the last 90 years and are now selling a wide range of products & services including CDs, DVDs, clothing, furniture, insurance, an internet service and music downloads. Tesco now have a capitalised value of approx. 33.9 billion and profits of over �2bn. Tesco advertises on the television, radio and internet helping it become a household name. ...read more.

Middle

In the company's defence, they claimed that since many of the shares are owned by pension funds so Tesco's success is filtering through the economy and they also added that they are putting back the money they are making because of this. The store additionally wants to open more of its stores across the country and create around 11,000 more jobs therefore helping with the economy. Tesco have several different types of stores. These include; * Tesco Superstore - A supermarket branding most products including food, drink, clothes, furniture, CDs, DVDs and other conveniences, but on a smaller rage then Extra stores. These stores are usually located in most towns and cities and are around 2,900 metre-squared. * Tesco Extra - A hypermarket branding almost off all of the Tesco products and services on a large scale. ...read more.

Conclusion

with a small range of groceries, snacks, alcohol & cigarettes. The stores are usually located in most towns and cities near or in neighbourhoods. You can also find them on the Esso petrol station forecourts. In February 2008, there were 827 stores across Britain with each store around 125 metres squared. * One Stop - The One Stop store is the baby of the Tesco chain although they are considerably popular with over 500 stores throughout the UK. The only thing that would indicate the stores are owned by Tesco's would be the Tesco's Personal Finance and cash machines with the stores having a different pricing and offers system to the rest of Tesco's. Some One Stop stores have a later opening time than some Tesco stores apart from the 24-hour Tesco Extra. Being the smallest of the range of stores, One Stop is 125-m2. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Outline of the Aims/Objectives of Sainsburys and Tesco.

    Generally, the cost of the site is about 8 percent of that business' revenues which makes them fairly cheap to cover maintenance and continued management expenses. In addition, as business transactions are primarily handled electronically, there is no need for a large sales staff.

  2. English for business

    for a little risk, some danger, an experience we should have companions. � What are the advantages / disadvantages / of travelling: -alone -with a companion -in a group with a guide? � Can travel broaden the mind? How? � Advantages and disadvantages of travelling on business.

  1. Ownership, Location and Aims and Objectives of Lex Transfleet and Express Diner

    costly to buy all the shares of the shareholders, they have to buy the shares to become a LTD. Express Diner To improve Express Diner they can change to a LTD which there would be more investors to invest in the business, these investors could be the shareholders and other people.

  2. The World is Flat Review

    On these sights you just log on, have your credit card or debit card ready and start trading from various different types of stocks from large company stocks to slam company stocks.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work