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As a good example of the UK’s supermarket chain, it is believed that the implication of the research on Tesco plc could provide a further insight of the retail industry.
4.1 INTRODUCTION
After several years of rapid and steady business growth, Tesco plc seeks to boost its production and to compete in international market, taking advantages of the growing food market and its’ competitive workforce and management. Its’ active and progressive business practice enable the firm to maintain a sustainable growth.
Figure 4.1.1 UK Grocery Market Share-12 weeks ending 26 March, 2006
Source: TNS Wordpanel, March 2006
With regarding to financial performance, Tesco plc serves as the largest British retailer by both global sales and domestic market share with profits exceeding 2 billion pounds...
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