TESCO

TESCO



TESCO

Introduction

London stock exchange is regarded as one of the oldest stock exchange, its root started way 300 years ago. The exchange is situated in the capital of United Kingdom. Approximately 2556 companies are registered on London stock exchange latest by 4/30/2012 (www.londonstockexchange.com). I have selected Tesco PLS for my assignment.

Tesco is regarded as one of the finest food retailer in United Kingdom and Ireland. The company was founded in 1919 by Jack Cohen. Tesco has maintained its reputation and market share by continuous innovation in their strategies. The business of Tesco is expanding by every passing day, which is helping the company in strengthening their business. The success story of Tesco is their strong customer relation management. Customer satisfaction is the highest priority of the company. The company employs approximately 300,000 employees, and has over 2,900 stores. Tesco business is diversified in distinctive region, where almost 60% of the profit comes from United Kingdom market. Tesco is a registered on London stock exchanges. According to 2011/12 stats its revenues are approximately £ 42,248m ((Tesco Plc, 2004, pg 6).

The company overall progress is strongly associated with stock exchange fluctuation. The price of the bonds shoots to peak when the company performance is exceptional. The stock and bond price of Tesco shrinks when the company is not making revenues at its optimal level, when compared with its rivals. The company registered for trading in the year 1947, & its total capital market is 24, 214, 23 million pounds. The exchange rate market size of Tesco is 8,000. The company is trading in FTSE all-share FESC Euro top 300, FTSE 350, FTSC 350 high yield and FTSE 100 (www.londonstockexchange.com)

Internal Memo

Tesco Plc

Tesco House, Delamare Road Cheshunt, Hertfordshire EN8 9SL United Kingdom

31/05/2012

To: Tesco Higher Authorities

From: Senior Consultant

Subject: BUSINESS PLAN

Tesco is regarded as one of the largest retail store of the world. It was founded in 1919, and its store operation was initiated in the year 1932. The company registered itself in London stock exchange in the year 1947. In the year 1958, 200 store grocery chains were acquired by Tesco. In 1950's numerous grocery stores were acquired by Tesco, because their business was flourishing in local as well as global boundaries. In the year 1968, Tesco opens its first superstore in Sussex of 40,000 square feet. The company changes its name to Tesco PLC, in the year 1983. Tesco growth & development keep on escalating, in the year 1994 Tesco acquired 43 super-stores chain in Hungary. In the year 2000, Tesco introduced e-commerce by keeping the technology advancement under consideration. Teco.com helped the organization to boost its sale, customer directly go to the online portal and place their order without the intervention of an agent. Research and development department analyzed, that customer does not like agent intervention during purchase; by keeping this in mind research and development department forced the top authorities to introduce online navigation for the convenience of customers. In the year 2003, Tesco acquires T&S stores ...