Preview

Tesco Case Study

Good Essays
Open Document
Open Document
774 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tesco Case Study
Tesco-a Case Study by Article 13
As part of their ongoing programme Article13, the leading corporate social responsibility experts, have released a Case Study of Tesco. Below is a synopsis of the Case Study, which can be accessed in full at www.article13.com.

Who are they?
Tesco is a leading retailer, operating 2,291 stores around the world and employing 296,000 people. It has grown from a purely UK operation, developing international markets in Ireland, Central Europe and Asia. There are four strands to Tescos strategy: core UK business, non-food, retailing services (personal finance and online grocery sales) and international.

Involvement Insights
The company strategy is for long term growth and focuses on the four strands outlined above. It has a Core Purpose" of creating value for customers, to earn their lifetime loyalty". Tesco is built on two strong values which drive the way we do business":

1. No one tries harder for customers
2. Treat people how we like to be treated

The company website states that Tesco is committed to conducting business in an ethically and socially responsible manner". Tesco has a commitment to be a good citizen acting responsibly wherever we operate" and this translates into a Code of Conduct for Suppliers, a Code of Ethics for staff, a commitment to protecting environment, using commercial strength to put principles into practice and a commitment to playing a positive role in community.

Where they started
In developing its regeneration strategy, Tesco looked at the social inclusion agenda and its own property programme and identified what it believed would be a win/win for communities, customers and their business.

The strategy
The Seacroft store was Tescos first regeneration partnership. In 1998 the Seacroft area, while being only 4-5 miles away from the vibrant regenerated heart of Leeds, was ranked the 388th most deprived ward out of the 8414 English wards. 17% of its adult population claimed

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Tesco Case study

    • 1197 Words
    • 5 Pages

    Tesco now has branched out from just supplying food to also providing other services such as clothes, technology devices, furniture and banking. This initiative has helped Tesco to dominate the market in multiple areas. The company can now offer for example cheap phone deals which compete with major phone providers and Tesco often has the resources to provide cheaper and more attractive deals than the specialised companies such as O2 or even Halifax. In 2007 in the UK, £1 in every £8 was spent at Tesco; this just shows their dominance over the UK market and how popular the supermarket really is. The company is currently working towards implementing and securing a major foothold in fast growing economies such as India, where they are at present working with franchise groups such as Tata group and offer IT and financial services to the country. Tesco also abides by strict rules set out by the company which focus on community service and putting something back. The shops aim to buy and sell frequently with local producers and support the local economy. The company also is aiming to be completely zero-carbon Company by 2050 and has already a carbon neutral shop in Asia. Tesco has also donated more than £75 million pounds to charities in 2011 and in 2012/2013 aims to give away £10 million to good causes and UK charities selected by the company. Tesco has also invested £30 million in training academies in Asia and is creating 20,000 new jobs for the UK over the next two years.…

    • 1197 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    TESCO's customers want a quality product they can buy for a reasonable price. They want these products to be of good standard because the customer is spending their money on the products. Customers want the money they spend on purchasing these products to be worth it and that the quality they receive from the amount they have paid to be of a good standard.…

    • 851 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    P1 Unit 13 Business

    • 941 Words
    • 4 Pages

    Tesco is based in 12 different countries which include China, Japan and Turkey and they employ people from the 12 countries they are based in. The main purpose of Tesco is to make what matters better and they also have other purposes which are to understand their customers and provide them with the best customer service they will ever experience.…

    • 941 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Tesco a private company and one of their objectives are to make profit. The purpose of Tesco is to sell products and services to the public to satisfy their needs and wants.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    Tesco PLC is a British multi-national grocery and general merchandise retailer. It is the third largest retailer in the world measured by revenues and the second largest measured by profits. It has stores in 14 countries across Asia, North America and Europe and is the grocery market leader in the UK. Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Unit 3 P1 P2 P3

    • 3493 Words
    • 14 Pages

    Tesco is an international grocery and a general merchandising retailer in the United Kingdom. It’s the third largest retailer in the world and the second largest by profits. There are Tesco stores in fourteen countries in North America, Asia and Europe. Tesco are also known for being the grocery market leader in United Kingdom…

    • 3493 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Tesco Coursework

    • 11594 Words
    • 47 Pages

    Tesco is well known for its ‘Every Little Helps’ philosophy and apart from wanting to make a profit, it aims to provide prices…

    • 11594 Words
    • 47 Pages
    Better Essays
  • Satisfactory Essays

    unit 1

    • 318 Words
    • 2 Pages

    The purpose of this business (Tesco) is to provide the public with quality food and groceries as well as making money and being the number retailing company out of 3 (Tesco, Sainsbury’s, Asda ).…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Tesco's purpose is to serve its customers. Tesco's organisational structure has the customer at the top.…

    • 304 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tesco Oxfam

    • 1540 Words
    • 6 Pages

    Tesco’s also has a clothing sector, mobile sector, bakery sector and are also digital resellers, the company has risen a lot since 1919 and has branched out to different business sector and has been very successful in doing so.…

    • 1540 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Introduction to Tesco

    • 259 Words
    • 2 Pages

    Tesco is the largest British retailer and is also world’s third largest retailer with outlets across Europe, USA and Asia. They come with one purpose which is creating value for money to earn customers’ life loyalty. The business began in 1919, one man named Jack Cohen selling groceries from a stall in the East end of London. He bought surplus stocks of tea from T.E.Stockwell. This company and Cohen combined their names to brand the tea Cohen originally sold- TESCO tea. In 1929, the first Tesco opened in north London.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    unit 3 distinction 1

    • 1437 Words
    • 5 Pages

    Tesco is a global organisation that is the UK’s top retailer, with over 6000 stores in 14 different countries; its marketing team is massive. Since the organisation began, its awareness and sales have rocketed due to the customer’s value for money so the marketing team have a lot of work to do in non-food, trade services and international.…

    • 1437 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Tesco Aims and Objectives

    • 1396 Words
    • 6 Pages

    Tesco is now a very successful retailer in the UK. Also, it is the second-largest retailer in the world measured by profits and third-largest retailers in the world measured by revenues. Which it is the business that I have selected to carry out my investigations.…

    • 1396 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The purpose of Tesco is to sell every day necessities to the whole population such as food, clothes, electric goods such as well as services such as banking and insurance.…

    • 760 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Tesco’s core purpose is “we make what matters better, together.” More desire to see the business demonstrate it has a purpose beyond profit. Also a sense that large companies she be tackling some of the big…

    • 1344 Words
    • 6 Pages
    Satisfactory Essays