Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

:-)

You have to ask what are the board of directors being paid for. Leahy expanded foreign operations at break neck speed and to date at massive cost ie loss. Also cutting all operations to the bone. Then he jumps ship before the shi- hits the fan. Clarke has not got a clue. Are the second set of results going to be worse from Tesco, with a flow of new build stores coming on stream from Aldi?

is there any good reason to be long of these?

The yield (as long as its maintained) is now @5%

Too rapid expansion into the unknown (USA) has been the downfall IMHO.

You see it so often with so called growth companies that can no longer expand at home.

Eye off the ball.

Grocery business is a crowded trade now. Just too much of it fighting over the same pound coin.

How much expansion can Aldi and Lidl do into UK. Not sure if they are going to get burnt also very soon.

Aldi and Lidl not carrying the overheads of the super stores . ie rent, rates and wages.


Aldi stores (UK) - 500 at the end of 2013, with 50 new stores for 2014.

i've only ever been into one aldi store (or was it lidl) and that was in france ..... i thought it very spartan and about the only thing i would have wanted to buy was water, or i suppose some non-consumable basics

i don't think i've ever been in a tesco
waitrose and m&s are good but o'priced
sbry is ok, but again, very little in the food line i'ld buy, though the quality and selection of vegetables at our local branch is outstanding, and generally knocks the socks off waitrose and even m&s .... i'ld never buy meat or bread there or even chicken

Nor me, but just driven though Bishops Stortford and they are queuing for the carpark.

And its not hard up families shopping there.

CEO says can't promise when sales will improve

that's a pretty damning statement

I recently drove to an Aldi, just to see what the English version is like.

It was smaller than the ones I've seen in France, but absolutely full of people.

That was on a Saturday, so I went back on the Sunday to make a comparison and couldn't get in the car park.

The plus side for Tesco & the like, is that Aldi/Lidl will have to invest a pile to get a decent increase in floor space.

When's his share options due ? :-))

I was reading this week that now the average shopper makes several shops a week, which saves on waste and shops at several stores. So the large superstores are coming under more pressure. Theres a new Aldi being built in Harlow. There strategy does not seem to want huge stores or white elephants.

Why does ALDI/LIDL not rent some of Tesco's floor space. lol

Losing sales is one issue. When margins get squeezed then your problems really start multiplying.

And as they have started doing, selling and leasing back property.

a sign of desperation if you ask me (which you didn't!)

I think the likes of tesco did better when they sold clothing and hardware along side the food in their smaller stores. Now they've separated them into tesco direct stores and food super markets, with huge floor space used in the direct stores, I think shoppers can't or won't walk the distance round the shop. Whereas aldi and lidl took over smaller stores, a mixture of hardware and basic foods. The hardware is changed around all the stores every week so draw the customers in to see whats new.

Data shows Asda is winner among Big Four grocers battling to win shoppers

By City & Finance Reporter

Published: 01:04, 4 June 2014 | Updated: 01:04, 4 June 2014


Asda is the winner among the Big Four grocers battling to win shoppers, data shows.


Britain’s second largest supermarket chain has been the only large grocer to increase the size of its market share over the past 12 weeks, leaving troubled Tesco and Morrisons in its wake.


While Asda – which uses the slogan ‘You’re better off at Asda’ – saw its market share edge up to 17.1 per cent from 17 per cent a year ago, the data from market research firm Kantar Worldpanel also showed there was more woe for Tesco boss Phil Clarke.





'You're better off at Asda': The company saw its market share edge up to 17.1 per cent from 17 per cent a year ago
Tesco’s share of the market fell to 29 per cent from 30.5 per cent a year ago, while Morrisons fell to 10.9pc from 11.6 per cent Sainsbury’s also slipped to 16.5 per cent from 16.7 per cent.


Kantar’s Edward Garner said despite the wider market slowing to 1.7 per cent, ‘Lidl achieved a record share of 3.6 per cent this period, accelerating with its highest ever year-on-year growth of 22.7 per cent’.


He added that fellow German discount chain Aldi has gained 35.9 per cent and retains the record 4.7 per cent share it achieved last period.


Waitrose has maintained its all-time record share of 5.1 per cent.


Kantar also said price cuts had led to another drop in the level of grocery price inflation to 1.2 per cent – the lowest level since May 2010.

Roy "Chubby" Brown at his worse.

What's Blue and Yellow, has a bit of string with a tight c### at the end of it?

LIDL BAG