Tesco
Overview of Company
Tesco Public Listed Company is an international supermarket chain where is located in United Kingdom and the founder of Tesco was Jack Cohen. It is not only the largest retailer in United Kingdom as well as international. Basically, Tesco is specialising in fast moving consumer good. It is selling food and non-food products. Besides that, Tesco started to make a breakthrough by opening more companies in 1994. Subsequently, in the year ending February 2005 its international operations contributed for more than 20% of sales or about 7 billion pounds. Tesco began its operation in more than 12 countries and Malaysia was one of them operated in 2002. In fact, Tesco was the first retailer started operating on the internet in the UK since 1994 as well as offering online shopping service in the world since 1996. Additionally, Tesco already started such high-technology operations in the Republic of Ireland and South Korea. Tesco disclosed its 2005 annual report had 300 stores within United Kingdom and managed to serve 98% of the population. Tesco received at least 120000 orders per week and 1000 local delivery vans were able to deliver for 1 million households. In the financial year ending 26 February 2005 it recorded online sales up 24.1% to 719 million pounds and profit up 51.8% to 36 million pounds. (solarnavigator.net, 2007) Until December 2010, the share price of Tesco rise till 433.40p.
New Product Service
Tesco Online Shopping has become popular in UK. Online shoppers are able to receive countless home deliveries of food, non-food, service and more. Grocery online shopping can be as simple as shopping at the supermarket. (news.idealo.co.uk) Therefore it is a must to implement online shopping in Malaysia since South Korea and Republic of Ireland already began. In 2010 there are already 39 Tesco stores in Malaysia. (solarnavigator.net, 2007) However, there is no Tesco Online Shopping in Malaysia. So it definitely will be a continuous
Tesco Public Listed Company is an international supermarket chain where is located in United Kingdom and the founder of Tesco was Jack Cohen. It is not only the largest retailer in United Kingdom as well as international. Basically, Tesco is specialising in fast moving consumer good. It is selling food and non-food products. Besides that, Tesco started to make a breakthrough by opening more companies in 1994. Subsequently, in the year ending February 2005 its international operations contributed for more than 20% of sales or about 7 billion pounds. Tesco began its operation in more than 12 countries and Malaysia was one of them operated in 2002. In fact, Tesco was the first retailer started operating on the internet in the UK since 1994 as well as offering online shopping service in the world since 1996. Additionally, Tesco already started such high-technology operations in the Republic of Ireland and South Korea. Tesco disclosed its 2005 annual report had 300 stores within United Kingdom and managed to serve 98% of the population. Tesco received at least 120000 orders per week and 1000 local delivery vans were able to deliver for 1 million households. In the financial year ending 26 February 2005 it recorded online sales up 24.1% to 719 million pounds and profit up 51.8% to 36 million pounds. (solarnavigator.net, 2007) Until December 2010, the share price of Tesco rise till 433.40p.
New Product Service
Tesco Online Shopping has become popular in UK. Online shoppers are able to receive countless home deliveries of food, non-food, service and more. Grocery online shopping can be as simple as shopping at the supermarket. (news.idealo.co.uk) Therefore it is a must to implement online shopping in Malaysia since South Korea and Republic of Ireland already began. In 2010 there are already 39 Tesco stores in Malaysia. (solarnavigator.net, 2007) However, there is no Tesco Online Shopping in Malaysia. So it definitely will be a continuous