This group presentation discusses the current trends in the supermarket industry, the performance of TESCO since October 2015, the financial performance of ALDI and LIDL, and a SWOT analysis of TESCO. It also provides recommendations to improve TESCO's performance and market share.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Group Presentation On TESCO
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Content Introduction Current Trend In Supermarket Performance of TESCO Since October 2015 Current Financial Performance of ALDI & LIDL. SWOT Analysis of TESCO Recommendation to Improve the Performance and Market Share. CONCLUSION REFERENCES
Introduction InpresentScenario,themarketis changing in a rapid speed where wants anddesireofpubliccannotbe sustained at a single place for longer period of time. In this presentation, the chosencompanyisTESCOwhich deals in the market of grocery products. It was commenced in the year 1919.
Current Trends in Supermarket. Every day, it has been found that people requires changes in the market where they demand lots of comfortable in their daily life. Some of current trends of Supermarket is explained below: Tech Transforming E-commerce:It has been on the major area where people are searching for changes and even it has changed the market completely. Customers like e-commerce facilities as it makes work easier and faster.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue… PhysicalStoresgoDigital:Nobodyin current situation like to purchase any of the product by visiting to the store which means all of the stores are required to sell their product with the help of digitalisation. It is one of the reason that number of store have switchedthemselvesintothedigital marketing and online services.
Performance of TESCO Since October 2015 TESCO is one of the company which is one of the supergiant on the market of UK where they deliver the number of services to their customers. Before 2015, it was found that TESCO was suffering from number of losses and even they were unable to meet the expectation of their customers.
Current Financial Performance of ALDI & LIDL. In current situation, the performance of ALDI and LIDL is counted as the best supply industry as they are able to deliver the product at cheaper price which is allowing them to attract new customers easily. While talking about the performance of ALDI it has seen some of the significant growth in the market of by increasing the sale by 11% in year 2018 but other grocery market shows the growth rate of 2.5% in the year 2018.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Continue… Theanothercompanywhichis showing the great performance in the marketisLIDLwheretheirsales growthwas7.4%intheyear 2017/18. It is one of the reason that they are able to commence 276 new outletsinthemarketandeven helpingthemtoobtainthebetter results.
SWOT Analysis of TESCO SWOT stand for Strength, weakness, opportunity and threats. It helps to check the internal performance of the company or any individual which helps to enhance the performance. Below, there is SWOT analysis on TESCO Plc. Strength The main strength of TESCO is that they are one of the leading business organisation in UK in terms of market share.
Continue… Weaknesses The major weakness of TESCO is that they are able to deal in the market of US and Japan which can be very effective. Just because of high debt and creditability there is a huge problem with the errors of financial account.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Continue… Opportunity Company have the opportunity to expand the online and home delivery services. They can go for joint venture where their business is not performing well. Threats Competition with some of the supermarket giant is the biggest problem.
Recommendation to Improve the Performance Although, company have enhanced their performance in last couple of year butstilltheyarerequiredtoworkindecentmannersothattheycan accomplish their goals and target within the specific time period. TESCO has the opportunity to check that what are the requirement of their customers and according to that they can deliver the services. Even they must try to being out different offers whenever customers purchase any of the product from the company.
CONCLUSION From the above presentation, it can be concluded that TESCO have been performing well within the market despite of suffering form number of losses in past years. SWOT analysis will help them to improve their performance that what are those areas where company need to do improvement.