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Its reputation worth sometimes than money it self, since Tesco provides a convenience and a wide range of products all in one store.
There has been a significant increase of number of Tesco retail stores within the UK, from 692 stores in year 2001 to 1252 stores in year 2005. That enhanced its capability in competing with others in the industry, due to the size and the ability of Tesco to buy in bulk they enjoy what is known in Economics as economics of scale. Ultimately, this means that they have the competence to lower their prices when they want in order to keep them attractive and compete with their main competitors such as Sainsbury's and Asda...
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