Preview

Tesco Malaysia

Satisfactory Essays
Open Document
Open Document
387 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tesco Malaysia
Tesco Stores (Malaysia) Sdn. Bhd. was incepted on 29 November 2001, as a strategic alliance between Tesco Plc UK and local conglomerate, Sime Darby Berhad of which the latter holds 30% of the total shares. Tesco Malaysia commenced operations in February 2002 with the opening of its first hypermarket in Puchong, Selangor.

Tesco Malaysia employs nearly 15,000 employees and operates 40 stores and in two formats following the acquisition of the Makro Cash and Carry business in Malaysia in December 2006. These are:

Tesco Hypermarkets
The hypermarket format offers customers a complete one stop shopping for their needs from fresh food to groceries, from household needs to apparel. It carries more than 60,000 lines of products including nearly 3,000 own brand of products ranging from food to non-food items.

Tesco Extra Hypermarkets
The Tesco Extra format serves the needs of small businesses, families and individuals all under one roof by providing a comprehensive range of products and services focused for small businesses including bigger pack sizes, special trolleys and checkouts as well as a dedicated business development team to support small business owners with their orders.

Tesco Malaysia is the only Hypermarket to run its own loyalty card, which returns money to customers 4 times a year. Tesco Clubcard and Biz Clubcard were introduced, as a way to say thank you to customers by giving money back to them. Clubcard has received an overwhelming response from customers with nearly 2 million household members signed up to date. As of January 2009, Tesco have rewarded nearly RM10 million worth of Clubcard Cash Vouchers to the customers.

As a responsible corporate citizen, Tesco Malaysia has responded and worked with communities including NGOs such as the National Cancer Council (MAKNA) to raise more than RM500, 000 for the Tesco-MAKNA Cancer Research Fund for Life.

As part of its global commitment, Tesco Malaysia is market leading on tackling

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Unit 2 P3

    • 974 Words
    • 4 Pages

    Tesco PLC are a team of 530,000 people in 12 markets dedicated to bringing the best value, choice and service to their millions of customers each week. Tesco was founded in 1919 by Jack Cohen and started out as selling products from a market stall. The Tesco name first appeared after a shipment he ordered for tea from T.E. Stockwell so he combined those initials with the last two letters of his surname to make Tesco. Tesco has roughly 6,300 stores worldwide and continue to grow. Their revenue for 2013 was £64 billion. Over this past year Tesco have opened 166 new stores (mostly Tesco Express) worldwide.…

    • 974 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Tesco operates in 14 different countries worldwide such as England, India, and USA and many more. They have over 500,000 people employed worldwide and Tesco also have 30% of the market share which is a huge amount…

    • 693 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    Tesco- which entered the Chinese market in 2004- currently operates 96 supermarkets and 12 express stores across china, with its operations mainly centered in Shanghai. They currently employ more than 27.000 people and serve 4m customers every week. They are also developing their own freehold shopping malls, under the name ‘life space’ which will be anchored by a Tesco hypermarket and will provide a one stop destination shopping experience for mainstream Chinese customers. The first mall opened in Qingdao in January 2010. Tesco currently has 82 hypermarkets and four 500,000 sq ft "Life space" shopping malls stretching along eastern China.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Tesco Coursework

    • 11594 Words
    • 47 Pages

    In 1924 the first Tesco product – Tesco Tea – was sold by Mr Cohen. The name Tesco comes from the initials of TE Stockwell, who was a partner in the firm of tea suppliers, and CO from Mr Cohen’s Surname. The first ever Tesco store was opened in Burnt Oak, Edgware, north London in 1929. In 1947 Tesco Stores LTD floated on the Stock Exchange with a share price of 25p. In 1974 Tesco opened its first petrol stations. Technological advancements were also made by Tesco during the 1990’s with the launch of a new on-line bookstore, on-line banking and in 1999 mobile phones were on the shelves of the stores.…

    • 11594 Words
    • 47 Pages
    Better Essays
  • Powerful Essays

    Tesco plc. (Public limited company) is a global grocery and general merchandise retailer, headquartered in Cheshunt in the United Kingdom. Tesco is the third largest retailer in the world, measured by revenues and the second largest, measured by profit. Tesco has around 5380 stores around the world; David Reid is the chairman and Philip Clarke.…

    • 1150 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Despite having been in Malaysia for a relatively short time, and having few stores, Tesco's presence has been controversial and a catalyst for the implementation of stricter trading laws. As of January 2004, there is a five-year freeze on the building of any new hypermarkets in Malysia's three major cities Kuala Lumpur, Penang and Johor Bahru.…

    • 988 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Tesco Oxfam

    • 1540 Words
    • 6 Pages

    Tesco’s is one of the biggest company’s in the whole of England and Is well known as a grocery store and a merchandise retailer. It was founded in 1919 in hackney, London. The founder of the company ‘Tesco” is Jack Cohen; Tesco’s has over 6500 stores around the world and also has over 600,000 employees.…

    • 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
  • Good Essays

    Tesco is a PLC and it is a global business, it is a supermarket which gives products and service. Tesco is the third largest retailer in world measured by revenues and second largest measured by profits. This is a British supermarket which started in 1919. Tesco is owned by shareholders and anyone could buy shares into the business, the share price is £341.41p. Tesco is divided in to five different formats, differentiated by size and what sort of products sold. Tesco is divided into Tesco extra, Tesco metro, Tesco express, Tesco petrol station and Tesco superstore. Tesco has 6351 stores in total.…

    • 1122 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Unit 17 p2

    • 865 Words
    • 3 Pages

    Tesco offers a wide range of products which attract customers of different interests. By doing so this will then encourage customers to return to the business and repurchase the same products.…

    • 865 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tesco

    • 1107 Words
    • 5 Pages

    The Group’s principle activity is related to retailing and linked activities, in areas such as: UK, China, the Czech Republic, Hungary, the Republic of Ireland, India, Japan, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey and the US. Moreover, Tesco also deals with retail banking and insurance services.…

    • 1107 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Tesco is a PLC and it is a global business, it is a supermarket which gives products and service. Tesco is the third largest retailer in world measured by revenues and second largest measured by profits. This is a British supermarket which started in 1919. Tesco is owned by shareholders and anyone could buy shares into the business, the share price is £341.41p. Tesco is divided in to five different formats, differentiated by size and what sort of products sold. Tesco is divided into Tesco extra, Tesco metro, Tesco express, Tesco petrol station and Tesco superstore. Tesco has 6351 stores in total.…

    • 2892 Words
    • 12 Pages
    Better Essays
  • Best Essays

    Tesco Lotus in Thailand

    • 3779 Words
    • 16 Pages

    In the world of business today, the demand and supply of goods and services have become increasingly every years. The competition among sellers is very frightened and excited action. According to the current situation, most business opens their business to respond customers’ needs as much as they can. By the way, the popular demand of customers always are the consumers goods, hence, many major businesses tend themselves to open the hypermarket, which provides a large variety of products such as food and non-food products. Moreover, the consumer’s market power is growing strong and stable because customers’ trends today tend to shift from basic purchases to value-oriented brands and retailers. By the way, their power creates the new perception among sellers that most customer need a low cost of product whereas keeps a high quality. Then, many hypermarkets always compete each other with the reasonable price and high quality. In sum, most of hypermarkets need to adapt their strategies and operations to be compatible with the customer’s trends, needs, and situations. Moreover, some of famous hypermarkets expand their business to abroad to be their key strategies in order to generate higher sales and profits (Nielsonwire, 2009).…

    • 3779 Words
    • 16 Pages
    Best Essays
  • Satisfactory Essays

    Tesco says the deal will also increase its employment of local people. Tesco Lotus plans to recruit "at least" 9,000 additional staff in Thailand this year, it said.…

    • 266 Words
    • 2 Pages
    Satisfactory Essays

Related Topics