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Tesco

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TESCO
A Corporate Profile

By Corporate Watch UK
Completed September 2004 'Our market share of UK retailing is 12.5% - that leaves 87.5% to go after '
Terry Leahy, Tesco Chief Executive, quoted in Management Today 1

'Tesco will just sail away. It will become unreachable, and the Competition Commission has perpetrated that. The only thing that could bring Tesco down is its management, and they do not make mistakes '
Carlos Criado-Perez, former chief executive of Safeway Plc 2
1. The Company
Name: Tesco Plc
Industry area: Retailing goods and services

Contents
Summary
Market share and importance
History - Pile 'em High, Sell 'em Cheap
Strategy
Core UK business
Non-food
Retailing services
Legal services
International expansion or world domination
International strategy
Asia
Thailand
Malaysia
South Korea
Japan
China
Europe
Turkey
Poland
Ireland
Moving in on the convenience (c-store) sector
Retailtainment
The 'Tesco ' approach
Summary
Tesco, Britain 's biggest and most profitable


References: 68See 'Food Inc: Corporate Concentration from farm to consumer ' (2003) Available from the UK Food Group 69http://81.201.142.254/presentResults/results2003_04/Prelims/site/a/a2.html
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