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For other uses, see Tesco (disambiguation)..
T Tesco PLC
Type Public limited company
Traded as L!:: TC" #!$:: TC"
Industry %etailing
&'&'( ') years ago Founded *ackney,, London, !ngland
Founder Jack Cohen
+e Tesco *ouse -elamere %oad Cheshunt Headquarters *ertfordshire !+. 'L !ngland
Number of ),/.0 stores 12s of 3arch locations 45&06 1see table below66
Area served Worldide
•• ir %ichard 7roadbent Key people 1Chairman6 -ave Leis 18roup C!"6
Products upermarket *ypermarket
uperstore
Revenue 9)44.0 billion 145&;6<&=
Operating >9;/'4 billion 145&;6<&= income
Net income >9;/)) billion 145&;6<&=
Total equity 9/5/& billion 145&;6<&=
Number of ;55,555 145&;6 <4= employees
T Tesco tores Ltd Tesco 7ank Tesco 3obile Tesco #reland -obbies 8arden Centres ubsidiaries T Tesco Family -ining Ltd 8ira?e %estaurants -unnhumby
"akood -istribution Ltd
!ebsite tescocom
Tesco P"# is a 7ritish multinational grocery and general merchandise retailer head@uartered in Cheshunt,, *ertfordshire, !ngland, Anited Bingdom<= #t is the third largest retailer in the orld measured by proDts<0=<;= and second>largest retailer in the orld measured by revenues #t has stores in &4 countries across 2sia and !urope and is the grocery market leader in the AB 1here it has a market share of around 4.0E6, #reland,, *ungary,,<)= 3alaysia, and Thailand
T Tesco as founded in &'&' by Jack Cohen as a group of market stalls<'= The Tesco name Drst appeared in &'40, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials ith the Drst to letters of his surname, <&5= and the Drst Tesco store opened in &'4' in 7urnt "ak,, 7arnet *is business epanded rapidly, and by &'' he had over &55 Tesco stores across the country <&&=
"riginally a AB>focused grocery retailer, since the early &''5s Tesco has increasingly diversiDed geographically and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and softare( Dnancial services(( telecoms and internet services The &''5s sa TTesco reposition itself, from its perception as a donmarket Gpile Hem high, sell Hem cheapG retailer, to one hich appeals across a ide social group, from its GTGTesco IalueG 1launched &''<'=6 to its GTesco FinestG ranges This as successful, and sa the chain gro from ;55 stores in the mid> &''5s to 4,;55 stores Dfteen years later <&4=
T Tesco is listed on the London tock !change and is a constituent of the FT! &55 #nde #t had a market capitaliation of approimately 9&.& billion as of 44 2pril 45&;, the 4.th>largest of any company ith a primary listing on the London tock !change<&=
#ontents
< •• & *istory oo && "rigins oo &4 !pansion oo & -iversiDcation oo &0 %estructuring •• 4 "perations oo 4& Tesco uperstores oo 44 Tesco 3etro oo 4 Tesco !press oo 40 Tesco !tra oo 4; "ne top oo 4) Tesco *omeplus oo 4/ #nternet retailing oo 4. Tesco Clubcard oo 4' Petrol stations •• ubsidiaries oo & Tesco 7ank oo 4 Telecoms oo Tesco Tech upport o 0 -obbies 8arden Centres o ; *arris K *oole o ) Tesco Family -ining Ltd • 0 #nternational operations • ; Corporate a?airs o ;& Corporate strategy o ;4 Financial performance o ; 3arket share o ;0 Corporate social responsibility • ) 2dvertising • / Criticism o /& Litigation o /4 Price>Ding o / Corporate ta structure o /0 "pposition to epansion o /; *alal in AB stores o /) *orse meat found in burgers o // lavery in Thailand o /. ale of goods from #srael o /' 3othballing of ne stores • . ee also • ' %eferences • &5 Further reading • && !ternal links History$edit% Origins$edit% Jack Cohen, the son of Jeish migrants from Poland, founded Tesco in &'&' hen he began to sell ar>surplus groceries from a stall at Well treet 3arket, *ackney, in the !ast !nd of London<&5= The Tesco brand Drst appeared in &'40 The name came about after Jack Cohen bought a shipment of tea from Thomas Edward Stockwell *e made ne labels using the Drst three letters of the supplierHs name 1T!6, and the Drst to letters of his surname 1C"6, forming the ord T!C" <&5= The Drst Tesco store as opened in &'4' in 7urnt "ak, !dgare, 3iddlese Tesco as oated on the London tock !change in &'0/ as Tesco tores 1*oldings6 Limited <&5= The Drst self>service store opened in t 2lbans in &';) 1hich remained operational until 45&5 before relocating to a larger premises on the same street, ith a period as a Tesco 3etro6,<&0= and the Drst supermarket in 3aldon in &';)<&5= #n &')& Tesco Leicester made an appearance in the 8uinness 7ook of %ecords as the largest store in !urope<'= &'pansion$edit% -uring the &';5s and the &')5s Tesco gre organically, and also through ac@uisitions, until it oned more than .55 stores The company purchased /5 Williamson's stores 1&';/6, 455 Harrow Stores outlets 1&';'6, 4&4 Irwins stores 1&')5, beating !press -airiesH Premier upermarkets to the deal6, '/ harles !hilli"s stores 1&')06 and the Iictor Ialue chain 1&').6 1sold to 7eMam in &'.)6<&;= Jack CohenHs business motto as Gpile it high and sell it cheapG,<&)= to hich he added an internal motto of GNC-7"N2G 1Nou CanHt -o 7usiness itting "n Nour 2rse6 hich he used to motivate his sales force <&)= 2 branch of Tesco built inside the *oover 7uilding in Perivale, London 1no a listed building6 #n 3ay &'./, Tesco completed its hostile takeover of the *illards chain of 05 supermarkets in the +orth of !ngland for 9445 million <&/= #n &''0, the company took over the supermarket chain William Lo, successfully Dghting o? ainsburyHs for control of the -undee>based Drm, hich operated ;/ stores This paved the ay for Tesco to epand its presence in cotland, hich as eaker than in !ngland Tesco introduced a loyalty card, branded HClubcardH, in &''; and later an #nternet shopping service #n &'') the typeface of the logo as changed to the current version ith stripe reections underneath, hilst the corporate font used for store signage as changed from the familiar GtyperiterG font that had been used since the &'/5s The same year sa the introduction of overseas operations <'= Terry Leahy assumed the role of Chief !ecutive on 4& February &''/, the appointment having been announced on 4& +ovember &''; <&.=<&'= "n 4& 3arch &''/ Tesco announced the purchase of the retail arm of 2ssociated 7ritish Foods, hich consisted of the $uinnsorth, tearts and Cray Prices chains in the #reland and +orthern #reland, plus associated businesses, for 9)05 million<45= The deal as approved by the !uropean Commission on ) 3ay &''/<4&= This ac@uisition gave it both a maMor presence in 1and marked a return to6 the %epublic of #reland and a larger presence in +orthern #reland than ainsburyHs, hich had begun its move into +orthern #reland in &''; The company as the subMect of a letter bomb campaign lasting Dve months from 2ugust 4555 to February 455& as a bomber calling himself GallyG sent letter bombs to Tesco customers and demanded Clubcards modiDed to ithdra money from cash machines<44= (iversi)cation$edit% The Drst ever self>service Tesco store in t 2lbans, *ertfordshire hich has since relocated #n July 455& Tesco became involved in internet grocery retailing in the A2 hen it obtained a ;E stake in 8roceryWorks<4= #n 4554 Tesco purchased & *#T hypermarkets in Poland #t also made a maMor move into the AB convenience store market ith its purchase of T O tores, oner of ./5 convenience stores in the "ne top, -illons and -ay O +ite chains in the AB<40= #n June 455 Tesco purchased the C To>+etork in Japan <4;= #t also ac@uired a maMority stake in Turkish supermarket chain Bipa<4)= #n January 4550 Tesco ac@uired 2dminstore, oner of 0; Cullens, !uropa, and *arts convenience stores, in and around London<4/= #n Thailand, Tesco Lotus as a Moint venture of the Charoen Pokphand 8roup and Tesco, but facing criticism over the groth of hypermarkets CP 8roup sold its Tesco Lotus shares in 455 #n late 455; Tesco ac@uired the 4& remaining afeay7P stores after 3orrisons dissolved the afeay7P partnership<4.= #n mid>455) Tesco purchased an .5E stake in CasinoHs Leader Price supermarkets in Poland, hich ere then rebranded as small Tesco stores <4'= "n ' February 455), Tesco announced that it planned to move into the Anited tates by opening a chain of small format grocery stores in the Western states 12riona, California and +evada6 in 455/ named Fresh O !asy <5= #t had plans for rapid groth Q after a pause in the second @uarter of 455., the opening program recommenced and over 455 stores ere opened in 2riona, California, and +evada by -ecember 45&4 #n 45&5, Tesco started funding a small Dlm studio intended to produce Tesco eclusive direct>to> Dlms The Drst Dlm as released on ) eptember called !aris onnections, based on a popular novel by Jackie Collins <&=<4= Restructuring$edit% Tesco conDrmed in 2pril 45& that it as pulling out of the A market 1Fresh O !asy tores6, at a reported cost of 9&4 billion <= #n eptember 45&, Tesco announced they ould sell the business to %onald 7urkleHs Nucaipa Companies for an undisclosed amount<0= Tesco retained the Fresh O !asy brand in the AB > applying it instead to certain convenience food products #n eptember 45&, Tesco launched its Drst>ever tablet computer, a seven>inch model called *udl<;= The Tesco *udl 4 has since been released "n & eptember 45&0, -ave Leis 1previously of Anilever6 took over as C!" <)= #n January 45&;, Leis announced plans to close the companyHs head oRce in Cheshunt in the near future, as ell as 0 loss>making stores and the cancellation of 0' ne large supermarkets hich ill not go ahead as originally intended </= The store closures are epected to mean 4,555 sta? are made redundant hile a further 94;5m of cost>cutting measures are planned <.= Tesco also conDrmed the sale of its 7linkbo on>demand video service and its Ded>line and broadband business to TalkTalk<'= Tesco sold the 7linkbo 3usic streaming service to 8uvera on 4) January 45&;,<05= and conDrmed it ould close its 7linkbo 7ooks service by the end of February 45&;<0&= #n 2pril 45&;, Tesco announced a 9).bn loss, the orst results in its history<04= Operations$edit% Tesco tores Ltd is the subsidiary of Tesco PLC in the Anited Bingdom TescoHs AB operation is divided into si formats, di?erentiated by sie and the range of products sold 2s of &) 2pril 45&0, at the end of its 45&&0 Dnancial year, TescoHs AB store portfolio as as follos<&= Total Total -ean -ean Percenta ./0 Numb Format area area *sq area area *sq ge tores er *m+, ft, *m+, ft, of space 1234/35 &,)),54 &/,)&5,55 Tesco !tra 40/ ),)40 /&,4') 04.;E ' 5 Tesco &,&5,.) &0,&&5,55 0.4 4,/)& 4',4/0 0E & uperstores 4 5 Tesco 3etro &'; 45,;;& 4,&'&,555 &,500 &&,4) ;E Tesco !press &,;.) )5,/0 ,..,555 4&) 4,44 '0;E &4; "ne top /44 &5),5'; &,&04,555 &0/ &,;.4 4/.E . Tesco *omeplus &4 0.,;.. ;4,555 0,50' 0,;. &4/E 5 -obbies 0 &;4,&/; &,).,555 0,0/) 0.,&/) ''E 4 4683862 5362:762 Total 46472 36344 3163:; 322< 440 49 22 Tesco uperstores$edit% Potters 7ar Tesco Tesco superstores are standard large supermarkets, stocking groceries and a much smaller range of non>food goods than !tra stores The stores have alays previously been branded as simply HTescoH, but a ne store in Liverpool as the Drst to use the format brand HTesco uperstoreH above the door<0= Tesco -etro$edit% Tesco 3etro stores are sied beteen Tesco superstores and Tesco !press stores, ith stores averaging &,555 s@uare metres 1&&,555 s@ ft6 They are mainly located in city centres beside train stations, the inner city and on the high streets of tons The Drst Tesco 3etro opened in +eston in &'.5 ince then most Tesco branches ith a high street format, including those that opened before the Covent 8arden branch, have been rebranded from Tesco to Tesco 3etro The Tesco store in Carlisle city centre as the Dnal store to be rebranded Tesco &'press$edit% Tesco !press, *ilperton %oad, Trobridge, Wiltshire Tesco !press stores are neighbourhood convenience stores averaging 455 s@uare metres 14,455 s@ ft6, stocking mainly food ith an emphasis on higher>margin products such as seets, crisps, chocolate, biscuits, Dy drinks and processed food 1due to small store sie, and the necessity to maimie revenue per s@uare foot6 alongside everyday essentials They are found in busy city centre districts, small shopping precincts in residential areas, small tons and villages and on !sso petrol station forecourts The &,555th Tesco !press site opened in July 455' Tesco have no started building Tesco !press stores ith only H2ssisted>erviceH tills, in hich the customer scans all their on shopping and packs it, ith the support of supervising sta? hen re@uired #n 45&5, it emerged that Tesco ere operating !press pricing( ie, charging more in their !press branches than in their regular branches 2 spokesperson said that this as Gbecause of the di?erence in costs of running the smaller storesG <00= Tesco &'tra$edit% Tesco store at Bingston Park, +ecastle upon Tyne Tesco !tra stores are larger, mainly out>of>ton hypermarkets that stock nearly all of TescoHs product ranges, although some are in the heart of ton centres and inner> city locations The Drst !tra opened in &''/ in Pitsea The largest store in !ngland by oor space is Tesco !tra in Walkden, ith &/,45 s@uare metres 1&.;,;55 s@ ft6 of oorspace<0;= The largest in cotland is the ilverburn store The largest in Wales is at Parc Fforestfach, ansea, hich is &5,055 s@uare metres 1&&4,555 s@ ft6 constructed in 455 The 455th !tra store as opened in "ctober 45&5 in 7ishop 2uckland "ther large stores include 7ar *ill, Cleethorpes, Coventry, +ecastle upon Tyne, 3ilton Beynes, tockton>on>Tees, lough and Watford are all in the &&,555 s@uare metres 1&45,555 s@ ft6 range +eer stores are usually on to oors, ith the ground oor mainly for food and the Drst oor for clothing, electronics and entertainment ome stores that did not have the second oor have been converted to this format in recent years 3ost Tesco !tra stores have a cafS and as of "ctober 455', all stores have a Tesco Tech upport Team #n common ith other tons, such as Warrington,<0)= the recently opened t *elens store, hich at &,555 m4 1&05,555 s@ ft6 is one of the biggest in !ngland, as developed on the same site as the tonHs ne rugby league stadium<0/= One top$edit% "ne top, Trobridge, Wiltshire "ne top, hich includes some of the smallest stores 1smaller than a Tesco !press6, is the only Tesco store format in the AB that does not include the ord Tesco in its name The brand, along ith the original stores, formed part of the TO tores business but, unlike many that ere converted to Tesco !press, these kept their old name ubse@uently, other stores bought by Tesco have been converted to the "ne top brand ome have Tesco Personal Finance branded cash machines The business has attracted some controversy, as grocery prices in these shops, often situated in less ell>o? areas, can be higher than nearby Tesco branded stores, highlighted in The Times 44 3arch 45&5: G7ritains biggest supermarket uses its chain of )' "ne top convenience stores Q hich many customers do not realise it ons Q to charge up to &0 per cent more for goods than it does in Tesco> branded storesG Tesco responded to the article stating G#t is a separate business ithin the Tesco 8roup, ith its on supply chain and distribution netork "ne top stores o?er a di?erent range to !press stores and its operating costs are di?erent "ne tops price strategy is to match to its nearest competitor, Costcutter, and is fre@uently cheaperG<0.= They can usually be found in smaller communities across the Anited Bingdom Tesco Homeplus$edit% Tesco *omeplus is not TescoHs Drst non>food only venture in the AB Antil the late &''5searly 4555s there ere several non>food Tesco stores around the country including carborough and Nate 2lthough not in a arehouse style format, the stores ere located on high streets and shopping centres, they stocked similar items to *omeplus stores #n both cases this as because another part of the shopping centre had a Tesco uperstore that stocked food items only #n 3ay 455; Tesco announced a trial non>food only format near 3anchester and 2berdeen,<0'= and the Drst store opened in "ctober 455; The stores o?er all of TescoHs ranges ecept food in arehouse>style units in retail parks Tesco is using this format because only 45E of its customers have access to a Tesco !tra, and the company is restricted in ho many of its superstores it can convert into !tras and ho @uickly it can do so Large units for non>food retailing are much more readily available 2s of 45&0, there ere &4 *omeplus stores in the Anited Bingdom, the neest store opened in Chester in July 455' #n 45&4 it as reported that Tesco as looking to close the business to focus on groceries <;5= "n 4. January 45&;, Tesco conDrmed it ould close ) *omeplus stores on &; 3arch 45&;, <.= ith closure of the last remaining stores announced on &4 3ay 45&;<;&= Internet retailing$edit% #ain article$ Tesco.com #n the Anited Bingdom Tesco operates a homeshopping service through the Tescocom ebsite #n 3ay &'.0, in 8ateshead, !ngland, the orldHs Drst recorded online home shopper, 3rs Jane noball, purchased groceries from her local Tesco store in the orldHs Drst recorded online shopping transaction from the home <;4= Tesco has operated on the internet since &''0 and as the Drst retailer in the orld to o?er a robust home shopping service in &'') Tescocom as formally launched in 4555 8rocery sales are available ithin delivery range of selected stores, goods being hand>picked ithin each store, in contrast to the arehouse model folloed by "cado 2s of +ovember 455), Tesco as the only food retailer to make online shopping proDtable<;= Tesco #lubcard$edit% #ain article$ Tesco lubcard Tesco launched its customer loyalty scheme, the Tesco Clubcard, in &''; #t has been cited as a pivotal development in TescoHs progress toards becoming the ABHs largest supermarket chain and one that fundamentally changed the countryHs supermarket business<;0= Tesco itself as cited in a Wall Street %ournal article<;;= as using the intelligence from the Clubcard to thart Wal>3artHs initiatives in the AB Cardholders can collect one Clubcard point for every 9& 1or one point for U& in #reland and lovakia or & point for &V in Poland6 they spend in a Tesco store, or at Tescocom, and & point per 94 on fuel 1not in lovakia6 Customers can also collect points by paying ith a Tesco Credit Card, or by using Tesco 3obile, Tesco *omephone, Tesco 7roadband, selected Tesco Personal Finance products or through Clubcard partners, !"+ and 2vis !ach point e@uates to &p in store hen redeemed or up to times their value hen used ith clubcard deals 1o?ers for holidays, day trips, etc6 Clubcard points 1AB O #!6 can also be converted to 2vios, and Iirgin 2tlantic fre@uent yer miles<;)= Cardholders receive points statements four times a year, ith their points converted into money>o? vouchers, as ell as other o?er coupons These can be spent in>store, online or on various Clubcard deals Petrol stations$edit% 2 40>hour Tesco petrol station Tesco Drst started selling petrol in &'/0 Tesco sells ';, '/ and '' %"+ 1a fuel developed by 8reenergy of hich Tesco is a shareholder6 petrol from forecourts at most superstore and !tra locations Tesco have recently diversiDed into biofuels, o?ering petrol>bioethanol and diesel>biodiesel blends instead of pure petrol and diesel at their petrol stations, and no o?ering 8reenergy &55E biodiesel at many stores in the southeast of the Anited Bingdom #n &''., Tesco and !sso 1part of !onmobil6 formed a business alliance that included several petrol Dlling stations on lease from !sso, ith Tesco operating the attached stores under their !press format #n turn, !sso operates the forecourts and sells their fuel via the Tesco store<;/= 2s of 45&, there ere 455 Moint Tesco !press!sso sites in the AB<;.= "n 4. February 455/, motorists in outh !ast !ngland reported that their cars ere breaking don This as due to petrol sold by Tesco and others being contaminated ith silicon<;'= Tesco faced criticism after claims that they had been alerted to the problem as early as &4 February 455/ "n ) 3arch 455/, Tesco o?ered to pay for any damage caused by the faulty petrol, after printing full page apologies in many national nespapers<)5= ubsidiaries$edit% Tesco =an>$edit% #ain article$ Tesco &ank #n the Anited Bingdom Tesco o?ers Dnancial services through Tesco 7ank, formerly a ;5:;5 Moint venture ith The %oyal 7ank of cotland Products on o?er include credit cards, loans, mortgages, savings accounts and several types of insurance, including car, home, life and travel They are promoted by leaets in TescoHs stores and through its ebsite The business made a proDt of 9&5 million for the ;4 eeks to 40 February 455/, of hich TescoHs share as 9)) million This move toards the Dnancial sector diversiDed the Tesco brand and provides opportunities for groth outside of the retailing sector "n 4. July 455., Tesco announced that they ould buy out the %oyal 7ank of cotlandHs ;5E stake in the company for 9';5 million <)&= #n "ctober 455', Tesco Personal Finance as rebranded as Tesco 7ank Telecoms$edit% For more details on this to"ic, see Tesco #obile. Tesco operates a mobile phone business across the Anited Bingdom, #reland, lovakia, *ungary and the Cech %epublic #t Drst launched in the AB in 455 as a Moint venture ith "4 and operates as a mobile virtual netork operator 13I+"6 using the netork of "4 ith the eception of *ungary here the netork of Iodafone *ungary is used 2s a virtual operator, Tesco 3obile does not on or operate its on netork infrastructure 7y January 45&& Tesco announced it had over 4; million AB mobile customers<)4= 2dditionally, Tesco operates Tesco Phone hops ithin its !tra stores, and by +ovember 455' had &55 shops trading ithin stores in the AB #t opened its Drst Phone hop in lovakia in 2pril 45&5 Tesco operates mobile phone, home phone and broadband businesses These are available to residential consumers in several countries and are sold via the Tesco ebsite and through Tesco stores Tesco also operated a home telephone and broadband business #ts broadband service launched in 2ugust 4550 to complement its eisting internet service provider business, providing an 2-L>based service delivered via 7T phone lines<)= #n January 45&;, Tesco sold its home telephone and broadband business, together ith 7linkbo, to TalkTalk for around 9; million #ts customers are due to be transferred to TalkTalk during 45&;<'= Tesco Tec? upport$edit% Tesco ac@uired a small #T support company called The PC 8uys in 455/,<)0= and ere able to launch Tesco Tech upport in -ecember 455. <);= Teams of 2dvisors ere put into all !tra stores ith the sole Mob role of ansering technical @uestions on TescoHs range of electrical products They also are responsible for advising customers on etended arranties, electrical returns and a range of Dnance options Through their Customer ervice Centre located in Cardi? in the Anited Bingdom, Tesco Tech upport provides AB and #reland customers ith technical support via telephony system on the electrical products sold in their stores (obbies @arden #entres$edit% -obbies 8arden Centre in Lassade #ain article$ obbies arden entres Tesco announced its intention to purchase -obbies 8arden Centres for 9&;;) million on . June 455/ -obbies operates 4. garden centres, half in cotland and half in !ngland<))= The deal as conDrmed as successful by the board of directors of Tesco on &/ 2ugust 455/ hen the board announced that they had received ;&E of shares 1or ;,0&5,0;/ shares6, hich conDrmed conditions set out in the o?er made on 45 June 455/ 2lthough the deal had been conDrmed by Tesco the o?er remained open to -obbies shareholders until 45 2ugust 455/ <)/= Tesco raised its holding to );E in eptember<).= and on ; June 455.<)'= Tesco announced that it ould be compulsorily ac@uiring -obbies 8arden Centres PLC -obbies continues to trade under its on brand, from its on head oRce in 3elville, near !dinburgh Harris . Hoole$edit% #ain article$ Harris Hoole #n 45&4, Tesco invested in a ne co?ee shop chain, named *arris K *oole after co?ee>loving characters in amuel PepysH diary Tesco on up to 0'E of the company, hich is run by +ick, 2ndre and Laura Tolley ho on the maMority of shares #n 2ugust 45&0, it as announced that si of the chainHs outlets ould be closed, leaving 0& in operation #n 2pril 45&;, !thical Consumer ranked *arris K *oole the loest in an assessment of the social and environmental impacts of co?ee shops 2ccording to !thical Consumer the company did not provide information on any ethical, environmental or supply chain policies, and used a direct trade model of sourcing from farmers hich did not give the same kind of price support as Fairtrade #n response *arris K *oole stated that their direct trade supplier sourced high @uality co?ee and aimed to create sustainable livelihoods for small scale farmers Tesco Family (ining "td$edit% #ain article$ ira*e +estaurants Tesco purchased the restaurant and cafe chain 8ira?e in 45& for 90.) million Tesco Family -ining Ltd 1TF-L6 as set up in 45&0 as part of a ne department called Hne food eperienceH, including Core Cafes, 8irra?e, -ecks and !uphorium bakeries That year, Tesco reached an agreement to take the in>store cafes run by Compass 8roup and !lior back under its on control as to improve its dining o?ering International operations$edit% #ain article$ Tesco International o"erations Tesco has epanded its operations outside the AB to && other countries in the orld The company pulled out of the A2 in 45&, but continues to see groth else here TescoHs international epansion strategy has responded to the need to be sensitive to local epectations in other countries by entering into Moint ventures ith local partners, such Charoen Pokphand in Thailand to form Tesco Lotus, and by appointing a very high proportion of local personnel to management positions #t also makes small ac@uisitions as part of its strategy: for eample, in its 455;455) Dnancial year it made ac@uisitions in outh Borea, one in Poland and one in Japan #orporate aairs$edit% #orporate strategy$edit% +e Tesco *ouse, the Tesco head oRce, in Cheshunt, *ertfordshire 2ccording to Citigroup retail analyst -avid 3cCarthy, G 2 core part of the Tesco epansion strategy <.5= has been its innovative use of technology<.&= #t as one of the Drst to build self>service tills and use cameras to reduce @ueues<.4= Financial performance$edit% 2ll Dgures belo are for the TescoHs Dnancial years, hich run for ;4 or ; eek periods to late February Ap to 4/ February 455/ period end the numbers include non>AB and #reland results for the year ended on & -ecember 455) in the accounting year The Dgures in the table belo include ;4 eeks&4 months of turnover for both sides of the business as this provides the best comparative ;1/4 Bee>s Turnover Pro)t before Pro)t for =asic earnings per ended *Cm, ta' *Cm, year *Cm, s?are *p, 44F ebruary /5,.'0 ,5;0 4,4;' 45; 45&0 4 February )0,.4) ,;0' ,0; ;'/ 45& 4; February )0,;' ,'.; 4,.&0 0'. 45&4 4) February )/,;/ ,;; 4,)/& &5 45&& 4/ February )4,;/ ,&/) 4,) &)) 45&5 4. February ;0,55 ,&4. 4,&)) 4.'4 455' 4 February 0/,4'. 4,.5 4,&5 4)'; 455. 40 February 0),)55 4,); &,.'' 44) 455/ 4; February .,55 4,4&5 &,;/) &'/5 455) 4) February ,'/0 &,')4 &,)) &/00 455; 4. February 5,.&0 &,)55 &,&55 &;5; 4550 44 February 4),/ &,)& '0) &;0 455 4 February 4,); &,45& .5 &45; 4554 40 February 45,'.. &,5;0 /)/ &&4' 455& 4) February &.,/') ' )/0 &55/ 4555 4/ February &/,&;. .04 )5) '&0 &''' 4. February &),0;4 /)5 ;4 .&4 &''. -espite being in a recession, Tesco made record proDts for a 7ritish retailer in the year to February 45&5, during hich its underlying pre>ta proDts increased by &5&E to 90 billion Tesco no plans to create &),555 ne Mobs, of hich ',555 ill be in the AB<.= #n 45&& the retailer reported its poorest si>monthly AB sales Dgures for 45 years, as a result of consumersH reduced non>food spending and a groth in budget rivals<.0= 7y 45&0, Tesco appeared to have lost some of its appeal to customers <.;= The share price lost 0' per cent of its value up to "ctober as it struggled to fend o? competition from rivals 2ldi and Lidl<.)= #n "ctober 45&0, Tesco suspended . eecutives folloing its announcement the previous month that it had previously overstated its proDts by 94;5 million The misreporting resulted in almost 944 billion being iped o? the value of the companys stock market value The suspended eecutives included former commercial director Bevin 8race and AB managing director Chris 7ush<./=<..= The proDt overstatement as subse@uently revised upards to 94) million folloing an investigation by the accountancy Drm -eloitte and it as clariDed that the inated proDt Dgure as the result of Tesco bringing forard rebates from suppliers The erious Fraud "Rce 1F"6 conDrmed on 4' "ctober 45&0 that it as carrying out a criminal investigation into the accounting irregularities but declined to give further details<.'= -ar>et s?are$edit% AB market share 2s of its 455)>year end Tesco as the fourth largest retailer in the orld behind Wal> 3art, Carrefour and *ome -epot Tesco moved ahead of *ome -epot during 455/, folloing the sale of *ome -epotHs professional supply division and a decline in the value of the A dollar against the 7ritish pound 3!T%" as only Must behind and might move ahead again if the euro strengthens against the pound, but 3!T%"Hs sales include many billions of holesale turnover, and its retail turnover is much less than TescoHs 2ccording to Bantar Worldpanel, TescoHs share of the AB grocery market in the &4 eeks to &. 3arch 45&4 as 54E, don from 5)E in the &4 eeks to &. 3arch 45&&<'5= -ar>et s?are ./0 from upermar>et -arc? 1231 -arc? 1233 Tesco 54E 50E 2sda &/'E 5)E ainsburyHs &))E 55E 3orrisons &4E 55E The Co>operative Food )'E 50E #n terms of the ider AB retail market, Tesco sales account for around one pound in every ten spent in 7ritish shops<'&= #n 455/ it as reported that its share as even larger, ith one pound in every seven spent going to Tesco<'4= #n 455), #nverness as branded as GTescotonG,<'=<'0= because ell over ;5p in every 9& spent on food is believed to be spent in its three Tesco stores<';= 7y 45&0 competition from other retailers led to a fall in TescoHs market share to 4./E( this as the loest level in a decade<')= #orporate social responsibility$edit% Tesco has made a commitment to corporate social responsibility in the form of contributions of &./E in 455) of its pre>ta proDts to charitieslocal community organiations<'/= This compares favourably ith 3arks O pencerHs &;&E but not ell ith ainsburyHs /54E<'.= Will *utton, in his role as chief eecutive of The Work Foundation recently praised Tesco for leading the debate on corporate responsibility <''= *oever Intelligent iing has criticied the company for directing all Gsta? givingG support to the companyHs Charity of the Near<&55= Tesco in !vesham #n &''4, Tesco started a Gcomputers for schools schemeG, o?ering computers in return for schools and hospitals getting vouchers from people ho shopped at Tesco Antil 4550, 9'4 million of e@uipment ent to these organiations The scheme has been also implemented in Poland<&5&= tarting during the 455;Q5) football season, the company no sponsors the Tesco Cup, a football competition for young players throughout the AB #n 455' Tesco used the phrase, GChange for 8oodG as advertising, hich is trade marked by Anicef for charity usage but not for commercial or retail use, hich prompted the agency to say, G#t is the Drst time in Anicefs history that a commercial entity has purposely set out to capitalise on one of our campaigns and subse@uently damage an income stream hich several of our programmes for children are dependent onG They ent on to call on the public Gho have childrens elfare at heart, to consider carefully ho they support hen making consumer choicesG<&54=<&5= TescoHs on labels for personal care and household products are cruelty>free Q this means they are not tested on animals <&50= #n June 45&&, Tesco announced that it as orking ith 4degrees +etork to create an online hub as part of its target to reduce its supply chain carbon footprint by 5E by 4545<&5;= #n eptember 45&& a 8reenpeace report revealed that Tesco supermarkets in China ere selling vegetables that contained illegal pesticides or at levels eceeding the legal limit 2 green vegetable sample from Tesco turned up methamidophos and monocrotophos, the use of hich has been prohibited in China since the beginning of 455/<&5)= Advertising$edit% Prunella cales, as -otty Turnbull arguing about Tesco prices Tesco have used many television adverts over the years #n July 455/ a -I- containing adverts from &'//Q455/ as given to all members of sta? !arly advertising stressed cheap prices and ho to keep GThe cost of living in checkG #n &'// an advert as made here a till shoed the prices to many items such as & Gbaked beans &4 4pG 2 notable &'.5s advert as GCheckout .4,G hich as made in &'.4, here a till ould have a receipt coming out of it ith the prices on This advert had synthpop music as the backing and people singing GCheck it out, check it outG 2dverts in the late H'5s had Prunella cales as -otty Turnbull, arguing about Tesco prices #n 455, adverts shoed items and shopping trolleys talking about Tesco Late 4555s adverts have included many celebrities and celebrity voice>overs such as The pice 8irls and the voice of actors James +esbitt and Jane *orrocks<&5/= TescoHs main advertising slogan is G!very little helpsG #ts advertisements in print and on television mainly consist of product shots 1or an appropriate image, such as a car hen advertising petrol6 against a hite background, ith a price or appropriate tet 1eg, GTesco IalueG6 superimposed on a red circle "n television, voiceovers are provided by recognisable actors and presenters, such as 7arbara Windsor, James +esbitt, Jane *orrocks, Terry Wogan, -an French, %ay Winstone, +eil 3orrissey, 3artin Clunes, -avid Jason, -avid Tennant, %ichard 2itken and Bathy 7urke amongst others TescoHs in>store magaine is one of the largest>circulation magaines in the Anited Bingdom, ith a circulation of &' million as of 45& <&5.= #n +ovember 45&, Tesco announced they ould introduce face>scanning technology developed by 2mscreen at all of their 0;5 AB petrol stations to target advertisements to individual customers<&5'=<&&5= #riticism$edit% #ain article$ riticism o- Tesco Criticism of Tesco includes allegations of stiing competition due to its undeveloped Gland bankG,<&&&= and breaching planning las<&&4= "itigation$edit% The Tesco supermarket chain is involved in litigation such as the Ward Tesco Stores td and Tesco Su"ermarkets td /attrass cases Tesco have been criticied for aggressively pursuing critics of the company in Thailand Writer and former 3P Jit iratranont faced up to to years in Mail and a 9&)0 million libel damages claim for saying that Tesco as epanding aggressively at the epense of small local retailers Tesco served him ith rits for criminal defamation and civil libel The Thai court dismissed the case, ruling that the criticism made by the defendant as Hin good faith by ay of fair comment on any person or thing subMected to public criticismH<&&= #n +ovember 455/, Tesco sued a Thai academic and a former minister for civil libel and criminal defamation, insisting that the to pay 9&) million and 9&)0 million plus to yearsH imprisonment respectively They have been alleged to have misstated that TescoHs Thai market amounts to /E of its global revenues, amongst criticism of TescoHs propensity to put small retailers out of business<&&0= #n 2ugust 45&, Tesco as Dned 955,555 after admitting that it misled customers over the pricing of Ghalf priceG straberries<&&;= Price0)'ing$edit% #n 455/, Tesco as placed under investigation by the AB "Rce of Fair Trading 1"FT6 for acting as part of a cartel of Dve supermarkets 1afeay, Tesco, 2sda, 3orrisons and ainsburys6 and a number of dairy companies to D the price of milk, butter and cheese #n -ecember 455/, 2sda, ainsburys and the former afeay admitted that they acted covertly against the interests of consumers hile publicly claiming that they ere supporting ;,555 farmers recovering from the foot>and>mouth crisis They ere Dned a total of 9&&) million<&&)= #orporate ta' structure$edit% #n 3ay 455/, it as revealed that Tesco had moved the head oRce of its online operations to iterland This allos it to sell C-s, -I-s and electronic games through its eb site ithout charging I2T<&&/= The operation had previously been run from Jersey, but had been closed by authorities ho feared damage to the islandHs reputation<&&/= #n June 455., the government announced that it as closing a ta loophole being used by Tesco<&&.= The scheme, identiDed by 7ritish magaine !riate E0e, utilies o?shore holding companies in Luembourg and partnership agreements to reduce corporation ta liability by up to 9;5 million a year <&&.= 2nother scheme previously identiDed by Private !ye involved depositing 9& billion in a iss partnership, and then loaning out that money to overseas Tesco stores, so that proDt can be transferred indirectly through interest payments This scheme is still in operation and is estimated to be costing the AB eche@uer up to 945 million a year in corporation ta <&&.= Ta epert %ichard 3urphy has provided an analysis of this avoidance structure<&&'= Opposition to e'pansion$edit% Tesco !press *arpenden TescoHs epansion has not been ithout criticism and, in some cases, active opposition • #n 3arch 455/, residents in 7ournville, 7irmingham fought to maintain the historic alcohol free status of the area, in inning a court battle ith Tesco, to prevent it selling alcohol in its local outlet +o shops are permitted to sell alcohol in the area and there are no pubs, bars or fast>food outlets in 7ournville<&45= • Plans for a large Tesco store in t 2lbans, *ertfordshire, attracted idespread local opposition This led to the formation of the Gtop t 2lbans Tesco 8roupG #n June 455., t 2lbans Council refused planning permission for the proposed store<&4&= • #n 2pril 45&&, longstanding opposition to a Tesco !press store in Cheltenham %oad, tokes Croft, 7ristol, evolved into a violent clash beteen opponents and police The recently opened storefront as heavily damaged, and police reported the seiure of petrol bombs<&44= "pponents have suggested that the store ould damage small shops and harm the character of the area <&4= • #n July 45&, plans to shut don a small parade of shops on Luton %oad in *arpenden, *ertfordshire ere met by Derce opposition by local residents Locals feared that the opening of a ne Tesco !press store ould bring a large increase in congestion on Luton %oad and due to a lack of parking spaces ould mean customers ould leave their cars on the side of the road on Park 3ount, hich as already a very narro and steep hill %esidents also feared an increased the number of youths buying alcohol up until closing time at 4:55 "ther concerns ere raised such as the noise and light pollution as ell as the introduction of a large corporate company to a ton hich often supports small, independent businesses The store eventually opened as planned in the summer of 45&0 Halal in DK stores$edit% 2s of 2ugust 45&4, around 4/ AB Tesco superstores have halal meat counters<&40= The meat sold is advertised as Gstun>freeG, hich puts the meat sold in contradiction of %PC2 standards on animal elfare<&4;= The sale of such meat ould be illegal in the AB ere it not for an eemption in the la granted to Jes and 3uslims <&4)= Tesco has come under criticism for not selling stunned *alal in its stores and because stores ith *alal counters do not alays have non>*alal fresh meat counters as ell > such as the !dgbaston store in 7irmingham Horse meat found in burgers$edit% #ain article$ 1234 meat adulteration scandal #n January 45&, the 7ritish media reported that horse meat had been found in some meat products sold by Tesco, along ith other retailers, particularly burgers -avid Cameron called this GunacceptableG, ith products shoing 4'&E horse meat in the GIalueG range burger, hich ere supposed to be beef<&4/=<&4.= #t as later revealed in February 45& that some of TescoHs !veryday Ialue paghetti 7olognese contained )5E horse meat <&4'= Tesco ithdre 4) of its products in response, and announced that they ere orking ith authorities and the supplier to investigate the cause of the contamination <&5= lavery in T?ailand$edit% #n 45&0, The uardian reported that Tesco is a client of Charoen Pokphand Foods "ver ) months The uardian traced the hole chain from slave ships in 2sian aters to leading producers and retailers<&&= ale of goods from Israel$edit% Tesco has been targeted by protesters complaining the supermarket chain sells goods made in #srael, ith most complaints being about products emanating from #sraeli settlements in the West 7ank Protests generally occur hen #sraeli military operations are being carried out in the 8aa trip or the West 7ank 2 protest at a store in 7irmingham on &) 2ugust 45&0 resulted in a protester being arrested <&4= -ot?balling of neB stores$edit% TescoHs Dnancial crisis of 45&0 <&= led to them reducing their capital ependiture on ne stores, hich led to the boarding up of ne unopened stores in Chatteris, Cambridgeshire <&0= and #mmingham, Lincolnshire<&;= The controversial Chatteris mothballing caused local criticism after the 944m proMect had re>routed a river and built a controversial roundabout and underpass, hilst the much anticipated #mmingham development demolished a local shopping centre and closed several local stores to enable its construction The impending arrival of Tesco also contributed to the Co>operative to close their store in the ton <&)= Tesco announcing the indeDnite delay in their store opening left the ton of around &;,555 inhabitants ithout a supermarket for an indeDnite period, this despite the fact Tesco ent ahead ith the opening of stores in Little Lever,<&/= -unfermline <&.= and %otherham <&'= all of hich have an eisting supermarket ithin a couple of miles of the ne stores With the indeDnite delay in opening, #mmingham is no over &5 miles from the nearest supermarket in the nearest ton of 8rimsby 1there are closer supermarkets in Bingston upon *ull, but these re@uire paying the toll on the *umber 7ridge6 The supermarket famine for the ton hoever, ill end in 3arch 45&; as 2ldi has announced they ill build a store in the shado of the empty Tesco building, and ith a direct dig at Tesco, have guaranteed it ill open on time, ith no delays Work commenced in +ovember 45&0 <&05= ee also$edit% Hertfordshire portal Companies portal Food portal • List of supermarket chains in the Anited Bingdom • Tesco Ton • Tesco Ienture 7rands • Walmart References$edit% & Jump up to: a b c d e GTesco 2nnual %eportG 1P-F6 4 Eump up G2bout usG 1P-F6 Tesco PLC %etrieved 4& 3arch 45&; Eump up GContactsG Tesco PLC %etrieved 44 January 45&; 0 Eump up Potter, 3ark 1&) February 45&&6 GTesco to outpace groth at global rivals Q studyG %euters %etrieved 4; February 45&& ; Eump up G8lobal Poers of %etailing 45&5G 1P-F6 -eloitte %etrieved &. 2ugust 45&5 ) Eump up GTesco, Coop Ss C72 a Toplista SlSn > TrademagainG trademaga5in.hu %etrieved 4& 3arch 45&; / Eump up G"ur businessesG Tesco PLC %etrieved 44 January 45&; . Eump up Finch, Julia 14 February 45&56 GTesco opens its Drst ero carbon storeG The uardian 1AB6 %etrieved & eptember 45&5 ' Jump up to: a b c d GTesco: *o one supermarket came to dominateG && /ews %etrieved &. "ctober 45&0 &5 Jump up to: a b c d e G*istoryG Tesco PLC %etrieved 44 January 45&; && Eump up Gir John !dard Cohen at "ford -ictionary of +ational 7iographyG "forddnbcom %etrieved &. 2pril 45& &4 Eump up *akes, teve 1& January 45&46 GTesco vos shake>up as shares crash by 9;billionG London: The un %etrieved &. 2pril 45& & Eump up GTesco share priceG telegraphcouk %etrieved 0 2ugust 45&0 &0 Eump up GTesco PLC: "vervieG %etrieved &/ 2ugust 455/ &; Eump up GT!C" in 455G #CF2# %etrieved & +ovember 45&0 &) Jump up to: a b "H8rady, ean 1&) -ecember 455&6 Ghirley Porter: %ich, ashy and corrupt ith it heHs nothing like a -ameG The Inde"endent 1London6 %etrieved & -ecember 455' &/ Eump up Pagano, 3argareta 1&) 3ay &'./6 Ghocked *illards attacks greed of Prudential: *artley disgusted ith institutions after Tesco ins takeover battleG The uardian 1the sun6 &. Eump up G7usiness as usual for ir Terry after &5 years in chargeG &irmingham !ost 13idland #ndependent +espapers6 44 February 455/ p 40 &' Eump up 7uckley, +eil 144 +ovember &'';6 GPeople: Leahy rings TescoHs tillsG Financial Times 1London6 p 05 45 Eump up Cunningham, arah 144 3arch &''/6 GTesco pays 9)5m for 27FHs #rish businessG The Times 1Times +espapers6 4& Eump up GTescoHs #rish move approvedG Financial Times 1London6 / 3ay &''/ 44 Eump up avill, %ichard 1&4 June 455&6 GTesco bomb blackmailer is Mailed for &) yearsG The ail0 Telegra"h 1London6 %etrieved &4 2pril 45&& 4 Eump up *elft, 3iguel 1455&6 GTesco buys stake in 8roceryWorksG The Industr0 Standard 40 Eump up GConvenience boost for Tesco Q Tesco PLC ac@uires "ne top, -ay and +ite convenience stores from T and tores PLCG !urofood / +ovember 4554 4; Eump up GTesco buys Japanese retailerG 77C +es &5 June 455 %etrieved &. "ctober 45&0 4) Eump up GTesco to buy controlling stake in BipaG 4/ Eump up GTesco snaps up Cullens and !uropaG 77C +es 44 January 4550 %etrieved &. "ctober 45&0 4. Eump up Tran, 3ark 14) eptember 455;6 GTesco buys 4& 3orrisons Petrol Filling tationsG The uardian 1London6 4' Eump up GTesco in Poland 7idG 5 Eump up GTesco to enter Anited tatesG %etrieved & 3arch 455) & Eump up GTesco signs Dlm>making Moint ventureG 77C +es 4; January 45&5 %etrieved &' 2pril 45&& 4 Eump up Thorpe, Ianessa 140 January 45&56 GTesco sets up Dlm studio to adapt hit novelsG The uardian 1London6 %etrieved &' 2pril 45&& Eump up GTesco proDts fall as supermarket pulls out of AG && /ews &/ 2pril 45& 0 Eump up Pfeifer, tuart 1&5 eptember 45&6 G%on 7urkleHs Nucaipa buying Fresh O !asy stores from TescoG os 6ngeles Times %etrieved 4' 3arch 45&0 ; Eump up GTesco Launches #ts First 2ndroid Jelly 7ean Poered /in *udl 7udget TabletG C!"W"%L- 3againe 4 eptember 45& %etrieved 4 eptember 45& ) Eump up %ankin, Jennifer 1& eptember 45&06 G+e Tesco boss -ave Leis starts ork as share price fallsG The uardian 1London6 %etrieved 44 January 45&; / Eump up Wood, Xoe 1. January 45&;6 GTesco chief unveils dramatic shakeup at troubled supermarketG The uardian 1London6 %etrieved 44 January 45&; . Jump up to: a b GTesco names 0 AB store closuresG && /ews 4. January 45&; %etrieved 4. January 45&; ' Jump up to: a b 3olloy, 2ntonia 1. January 45&;6 GTesco sells 7linkbo and broadband service to TalkTalkG The Inde"endent 1London6 %etrieved 44 January 45&; 05 Eump up 8lenday, John 14) January 45&;6 GTesco sells 7linkbo 3usic to 8uveraG The rum %etrieved 4. January 45&; 0& Eump up 2rmstrong, 2shley 14) January 45&;6 GTesco gives up on e> books as it closes 7linkbo 7ooksG The ail0 Telegra"h 1London6 %etrieved 4. January 45&; 04 Eump up GTesco posts record 9)0bn annual lossG && /ews 44 2pril 45&; 0 Eump up GFirst store to be branded HTesco uperstoreHG %etail Week 00 Eump up G3ystery shop: Tesco vs Tesco !pressG Confusedcom %etrieved 4' 3ay 45& 0; Eump up G2!W 2rchitectsG 2!W 2rchitects %etrieved &) 2ugust 45&& 0) Eump up -ave parks J-8 3edia 1&0 2pril 45&6 GWarrington Wolves Y *alliell Jones tadium 8round 8uideG Loverugbyleaguecom %etrieved &. 2pril 45& 0/ Eump up G+e t *elens %ugby League tadiumG 7arr> constructioncouk 4 2ugust 45&5 %etrieved &. 2pril 45& 0. Eump up Lerou, 3arcus 144 3arch 45&56 GTescos secret chain charges customers more Q Times "nlineG The Times 1AB6 %etrieved && +ovember 45&5 0' Eump up GTesco announces non>food store trialsG %etrieved & 3arch 455) ;5 Eump up GTesco Hset to ind up *ome PlusHG 67 #one0 4 January 45&4 %etrieved 44 January 45&; ;& Eump up http:theguardiancombusiness45&;may&4tesco> homeplus>last>si>store>closures>uk>0;5>Mobs ;4 Eump up GIideote takes 8ateshead Teleshopping into the homeG The Incor"orated Engineer, %ournal o- the IEEIE ondon : ) eptember &'.0 ; Eump up Walker, 8aelle 1&& +ovember 455)6 G"nline failing to deliverG The rocer 1William %eed Publications6 p ) ;0 Eump up Winterman, -enise 1' eptember 45&6 GTesco: *o one supermarket came to dominateG && /ews 177C6 %etrieved ' -ecember 45& ;; Eump up Cecilie %ohedder 1) June 455)6 G%etailer in 7ritain Ases HClubcardH to Thart Wal>3artG Wall Street %ournal 7nline 2rchived from the original on & "ctober 455/ %etrieved 5 2pril 455/12bstract only is online6 ;) Eump up GTesco ClubcardG Iirgin 2tlantic %etrieved 44 January 45&; ;/ Eump up G!sso fuels TescoHs epansionG && /ews 4& 2ugust &''. %etrieved 4 January 45&; ;. Eump up Wood, John 145 eptember 45&6 G%oll>out of Tesco Clubcard reaches .55 !sso sitesG Forecourt Trader %etrieved 4 January 45&; ;' Eump up Gilicon found to be rogue element in petrolG The Inde"endent 1London6 3arch 455/ )5 Eump up G%etailers o?er car repair refundG && /ews ) 3arch 455/ )& Eump up Thelell, !mma( 7utterorth, 3yra 14. July 455.6 GTesco eyes mortgages and current accounts in plan to take on ABHs high street banksG The ail0 Telegra"h 1London6 %etrieved 4. July 455. )4 Eump up 7rian, 3att 1&' January 45&&6 GTesco 3obile reaches 4; million subscribers, reminds us it has shops in outh BoreaG The /e8t Web %etrieved 4 January 45&; ) Eump up Wray, %ichard 15 2ugust 45506 GTesco Moins broadband frayG The uardian 1London6 %etrieved 4 January 45&; )0 Eump up *all, James 1&0 -ecember 455/6 GTesco to tackle home #T support ith 8uysG The ail0 Telegra"h 1London6 %etrieved 4 January 45&; ); Eump up https:tescotechsupportcomho>e>are )) Eump up Jordan, -earbail 1. June 455.6 GTesco soops on -obbies 8arden CentresG The Times 1London: Times +espapers6 %etrieved . June 455/ )/ Eump up G"?er -eclared Anconditional in all %espectsG -obbies &/ 2ugust 455/ p & %etrieved &' 2ugust 455/ ). Eump up GTesco sees AB sales groth sloG &usiness 177C +es6 4 "ctober 455/ %etrieved ) January 45&5 )' Eump up GCompulsory ac@uisition of outstanding -obbies haresG -obbies /5 Eump up +eate, %upert 1. 2ugust 45&46 GTescoHs co?ee shop chain to go under *arris and *oole bannerG The uardian 1London6 %etrieved &. 2pril 45& /& Eump up Lason, 2le 1&' 2ugust 45&06 GTesco co?ee shop *arris K *oole to shut si cafSsG The Inde"endent 1London6 %etrieved 4 January 45&; /4 Eump up Levitt, Tom 14& 2pril 45&;6 Gtarbucks and *arris K *oole share the dregs in ethical co?ee rankingsG The uardian 1London6 / Eump up GTesco buys 8ira?e restaurantsG 77C & 3arch 45& %etrieved 4 June 45&0 /0 Eump up Craven, +eil 14' +ovember 45&06 GTesco takes back control of in>store cafes to in back customers as larger HsuperstoresH lose ground to 2ldi and LidlG #ail on Sunda0 %etrieved ' 3arch 45&; /; Eump up GTesco Preliminary %esults 455)G 1P-F6 Tescocorporatecom %etrieved &) 2ugust 45&& /) Eump up *annah Liptrot 1 June 455;6 GTesco: upermarket superpoerG 77C // Eump up GTescos still pushing discount products to Dght back competitorsG *ousehold O Leisure &; January 455' %etrieved & eptember 45&0 /. Eump up GTescoHs Hteering WheelH trategyG #C3% 455; /' Eump up G*uman %esources Q Tesco CareersG .5 Eump up GTesco Q C#" &55 Company Q C#" AB 3againeG Ciocouk %etrieved &) 2pril 45&5 .& Eump up GTesco storm the A ith 7o o?ering Q #n>-epth Q C#" AB 3againeG Ciocouk %etrieved &) 2pril 45&5 .4 Eump up GTechnology helps Tesco beat crunchG Ciocouk %etrieved &) 2pril 45&5 . Eump up Wearden, 8raeme 145 2pril 45&56 GTesco rings up record proDtsG The uardian 1London6 %etrieved 45 2pril 45&5 .0 Eump up Wood, Xoe 1; "ctober 45&&6 GTescoHs AB sales slide as consumers cut non>essential spendingG The uardian 1London6 %etrieved ; "ctober 45&& Tesco has reported its eakest si>monthly AB sales Dgures for 45 years as higher food and fuel costs contributed to stark decline in spending on non>essentials such as gadgets, C-s and games in its stores .; Eump up 2hmed, Bamal 144 "ctober 45&06 GTesco, hat ent rongZG && /ews %etrieved 4 January 45&; .) Eump up GWarren 7u?ett admits Tesco investment [a huge mistakeG Financial Times 4 "ctober 45&0 %etrieved "ctober 45&0 ./ Eump up GTesco suspends eecs as in@uiry launched into proDt overstatementG && /ews 44 eptember 45&0 %etrieved 4' "ctober 45&0 .. Eump up GTesco suspends three more top sta?G && /ews &0 "ctober 45&0 %etrieved 4' "ctober 45&0 .' Eump up Gerious Fraud "Rce starts Tesco criminal investigationG && /ews 4' "ctober 45&0 %etrieved 4' "ctober 45&0 '5 Eump up G2sdas 3arket hare 2t 2ll>Time *igh( Tescos lips 2gainG Bam City '& Eump up -avey, James 1&. 2pril 45&46 GTesco curbs AB epansion to focus on revivalG +euters (9:) %etrieved &. 2pril 45& '4 Eump up Wallop, *arry 1&) 2pril 455/6 G9& in every seven no spent in TescoG The ail0 Telegra"h 1London6 %etrieved &. 2pril 45& ' Eump up GTesco accused of Hnear monopolyHG && /ews &/ January 455) '0 Eump up G#nverness: TescotonG %etrieved & 3arch 455) '; Eump up Lorna 3artin 1& January 455)6 GThe supermarket that ate a tonG The 7bserer 1London6 ') Eump up 7utler, arah GTesco timeline > the highs and los of the ABHs biggest retailerG The uardian 1London6 %etrieved 4& 3arch 45&; '/ Eump up GP-F of The 455) 8iving ListG 1P-F6 The uardian 1London6 %etrieved &. 3arch 455/ '. Eump up GFT! &55 companies reduce charity givingG Third ector . +ovember 455) '' Eump up GThe Work Foundation praises TescoG The Work Foundation 2rchived from the original on ; "ctober 455/ %etrieved &. 3arch 455/ &55 Eump up G#ntelligent 8iving criticises TescoHs sta? giving policiesG #ntelligent 8iving %etrieved &. 3arch 455/ &5& Eump up G7#TC Q Tesco Computers for choolsG 2rchived from the original on 0 +ovember 455; %etrieved &' January 455) &54 Eump up "H*alloran, 3arie 14; July 455'6 GAnicef accuses Tesco of misusing charity sloganG The Irish Times &5 Eump up 3c7ride, Louise 14) July 455'6 GTesco in clash ith AnicefG The Irish Inde"endent 1-ublin6 &50 Eump up GWelcomeG 8o Cruelty Free %etrieved &. 2pril 45& &5; Eump up GTesco gets suppliers collaborating on carbon emissions onlineG %etailtimescouk June 45&& %etrieved 4. 2ugust 45&& &5) Eump up G7anned pesticides detected on vegetables in Tesco and other supermarkets in ChinaG 8reenpeace !ast 2sia . eptember 45&& %etrieved 5 eptember 45&& &5/ Eump up 3alkin, 7onnie 1&0 +ovember 455/6 Gpice 8irls go shopping at TescoG London: The Telegraph %etrieved &' eptember 45&5 &5. Eump up G3ag 27Cs: Full circulation round>up for the Drst half of 45&G !ress a5ette &; 2ugust 45& %etrieved &5 July 45&0 &5' Eump up GTesco petrol stations use face>scan tech to target adsG && /ews 0 +ovember 45& %etrieved 0 +ovember 45& &&5 Eump up GTescoHs plan to tailor adverts via facial recognition stokes privacy fearsG The uardian Press 2ssociation 0 +ovember 45& 2rchived from the original on / +ovember 45& &&& Eump up GAB grocers face competition probeG 77C 44 January 455/ %etrieved 4& February 455/ &&4 Eump up GTesco Hbreaching planning lasHG 77C &. 2ugust 455) %etrieved 4& February 455/ && Eump up eney, 3ark 1&. June 455'6 GThai court dismisses Tesco libel case against former 3PG The uardian 1London6 &&0 Eump up #an 3acBinnon and -avid Leigh 1. 2pril 455.6 GTesco sues critic of its epansion in Thailand for 9&)0m damagesG The uardian 1London6 &&; Eump up GTesco Dned over Hhalf>priceH straberries claimG && /ews %etrieved 4& 3arch 45&; &&) Eump up GTesco threatens legal action over "FT dairy price> Ding DneG The uardian 1London6 &5 2ugust 45&& %etrieved 4/ 3arch 45&4 &&/ Jump up to: a b 2ndre Foell and Lauren 3ills 1& 3ay 455/6 GH8reenH TescoHs iss ta dodgeG 3ail on unday &&. Jump up to: a b c -avid Leigh 1&0 June 455.6 G8overnment outlas ta avoidance schemesG The uardian 1AB6 &&' Eump up %ichard 3urphy 1& June 455.6 GTescos: the Xug deal is ta avoidanceG &45 Eump up Birby, Terry 14/ 3arch 455/6 GTeetotal 7ournville takes pledge against TescoG The Inde"endent 1London6 %etrieved &) 2pril 45&5 &4& Eump up GTesco may appealG St 6lbans +eiew 5 June 455. &44 Eump up GPolice hurt in violent anti>Tesco clashes in 7ristolG 77C +es 44 2pril 45&& %etrieved 44 2pril 45&& &4 Eump up Jane "nyanga>"mara 144 2pril 45&&6 GChaos in 7ristolHs Hcultural @uarterHG 77C +es %etrieved 44 2pril 45&& &40 Eump up G+ational *alal CentreG /ational Halal Food rou" 1+ational *alal Food 8roup6 45 2ugust 45&4 %etrieved 45 2ugust 45&4 &4; Eump up G%PC2 %eligious laughter FactsheetG +S!6 Farm 6nimals In-ormation Sheet 1%PC26 February 455' %etrieved 45 2ugust 45&4 &4) Eump up G*alal hysteriaG /ew Statesman ' 3ay 45&4 The stunning of livestock before slaughter has been compulsory in the !A since &'/' but most member states, including the AB, grant eemptions to 3uslims and Jes &4/ Eump up James 3eikle and *enry 3c-onald 1&) January 45&6 GCameron tells supermarkets: horsemeat burger scandal unacceptableG The uardian 1London6 %etrieved &. 2pril 45& &4. Eump up GIideo: *orse meat found in burgers on sale in TescoG The ail0 Telegra"h 1London6 &) January 45& %etrieved &. 2pril 45& &4' Eump up G*orsemeat scandal: Tesco reveals )5E content in dishG 77C +es && February 45& %etrieved && February 45& &5 Eump up 8lot, Julia G*orse meat scandal: 4) Tesco lines ithdranG The rocer %etrieved 44 January 45& && Eump up *odal, Bate( Chris Belly( Felicity Larence 1&5 June 45&06 G%evealed: 2sian slave labour producing prans for supermarkets in A, ABG The uardian 1London6 %etrieved && June 45&0 &4 Eump up G8aa protesters hit Tesco store in 7irminghamG &ig /ews /etwork.com &/ 2ugust 45&0 %etrieved &/ 2ugust 45&0 & Eump up GTesco risks being famous for being brokenG #arketing Week %etrieved &. "ctober 45&0 &0 Eump up GTesco mothballs second big store opening as crisis leaves supermarket giant ary of epansionG This is #one0 %etrieved &. "ctober 45&0 &; Eump up GTesco delays opening of ne #mmingham store > for second timeG rimsb0 Telegra"h %etrieved &. "ctober 45&0 &) Eump up G-elay to ne Tesco and 2ldi supermarkets in #mmingham fuels anger among shoppersG rimsb0 Telegra"h %etrieved &. "ctober 45&0 &/ Eump up +eil %obertson GFirst look inside ne 90 million Little Lever TescoG The &olton /ews &. Eump up GTesco store ready to celebrate openingG un-ermline !ress &' Eump up 2usten, Tom G+e %otherham Tesco open for ChristmasG rothbi5.co.uk &05 Eump up G2ldi starts ork on ne #mmingham store bringing 05 ne Mobs O lo prices to tonG rimsb0 Telegra"h