Performance Evaluation of Tesco

PERFORMANCE EVALUATION
OF TESCO

Introduction of Tesco
Tesco PLC is one of the famous British multinational general and groceries
merchandise retailer offering customers with best quality products and services
from 1919. Basically, this organisation was founded by Jack Cohen and in
current time, it’s headquarter is at Welwyn Garden City, Hertfordshire, England,
United Kingdom. At present, this famous retailer is considered as third-largest
one at international level in terms of gross revenues and on the basis of revenue
it is said to be ninth-largest one. In United Kingdom, around 28.4% is said to be
the market share of Tesco PLC. In the year of 2008 there were approximately
3.751 stores and in current year, company is holding around 7,005 where a very
huge number of skilled employees i.e. 450,000 are continuously serving to the
customers with full efforts in order to satisfy their need and requirements.
Tesco PLC is one of the famous British multinational general and
groceries merchandise retailer offering customers with best
quality products and services from 1919. Basically, this
organisation was founded by Jack Cohen and in current time,
it’s headquarter is at Welwyn Garden City, Hertfordshire,
England, United Kingdom.

Current trends in supermarket sector
Shoppers are increasing or decreasing?
In relation with supermarket sector, there is a shift has been
observed from physical stores to online. Therefore, it can be
said that number of shoppers who purchase products from
physical stores are continuously decreasing. On the other hand,
these numbers are declining due to a number of reasons like
impact on financial conditions due to COVID-19 and so on.

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