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Its profit for the financial year 2004/5 is expected to exceed ?2 billion (that is ?2,000 million).one pound in every twelve spent in a tesco store.
In 2004, the company opened 64 new stores and expanded the range of retail outlets it operates. But tesco does not just rely on sales through it sales: it is the world's largest internet retailer and its e-business is operational in a number of countries throughout the world.
The company has performed well in food sales, but recently has begun to enjoy strong sales growth in non-food items such as Clothing.the Company has also entered new markets by:
? Becoming an internet service provider (Isp)
? Operating a mobile phone service
? Issuing credit cards
? Selling online music...
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