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).

certainly out of town superstores do indeed have a significant negative impact on town centre trade ...... personally, i try to shop as much as possible at my small indie food shops, which often offer better quality and, surprisingly to some, better value/price than the supermarket

This is true.

problem with town centres i have found especially reading on monday is that by car they are not the easiest of places to access sometimes, stupid 1 way systems and rip off parking assuming the car parks arent full - i shop when i can in smaller stores but not always able

see tsco scraped to me 320 + LOL

last purchase now in the money.,.

WB has upped his stake.

Another 10p for me to break evenstevens....

Goldman Suchs downgrades TSCO to neutral, TP 401p.

WB knows it makes sense ;)

halifax - I can't find GS TP of 401? Alphavalue have 402.90p here.

skin BFN report 12.36pm downgade from 530p to 401p.

Thanks halifax - they have just updated the link I posted - it had no TP before.

The Alphavalue rec is Add TP 402.90 - I don't mind either price !

Me neither skinny :O)

blue again today 323 LOL!! every little helps!!!

Lol

DIRECTOR/PDMR SHAREHOLDING

The Company was notified today that on 18 January 2012, the following Director purchased Ordinary Shares of 5p each in the Company at a price of 320 pence per share:

Director No of Shares

K Hydon 30,000

Mr Buffett has bought £480m of Tesco shares, upping his stake in the Britain's largest retailer from 3.21% to 5.08%.

Regulatory records show he made the investment - through his Berkshire Hathaway (NYSE: BRK-A - news) firm - on January 13, the day after Tesco revealed poor Christmas sales and warned that trading profits for its 2012/13 financial year would be flat.

We wonder how much Buffets running loss is on Tesco.

..Tesco brand slumps in key business poll

By Kamal Ahmed | Telegraph – 5 minutes ago





Tesco has slumped in a poll of business leaders asked to name the companies with the most powerful brand image and innovative approach to the future.

In another blow to the supermarket chain, the annual Thought Leadership Index places Tesco 24th, the first time the supermarket has fallen out of the top 20.

The annual Populus poll of 1,000 executives, politicians and media figures is keenly watched for evidence of companies that have caught the public mood or are highly rated by senior business figures.

In 2007, Tesco was placed third, behind Google and Apple. In the 2012 survey, Apple is top followed by the John Lewis Partnership and Google. The Co-operative Group and Marks & Spencer (Dusseldorf: MA6.DU - news) are the only other retailers to make the top 10, which also includes Twitter, Innocent (OTC BB: INCT.OB - news) , Facebook and Microsoft (NasdaqGS: MSFT - news) .

Other fast risers in the index include GlaxoSmithKline (Other OTC: GLAXF.PK - news) (up 21 places) and British Airways (Other OTC: BABWF.PK - news) (up 11 places). Less than 40pc of the top 20 are British companies.

Earlier this month, Tesco announced disappointing Christmas sales and announced its first profit warning for 20 years after its Big Price Drop strategy failed to find favour with customers.

It also faced criticism after its chief operating officer, Noel Robbins, sold £200,000 worth of shares eight days before the warning was announced. Tesco insisted he did nothing wrong as he was unaware of the warning which led to a collapse in the share price and £4bn being wiped off the value of the company.

On Friday, Moody's put a tranche of Tesco's debt on negative watch after the poor figures.

lol forget the director buy and buffet increasing his stake - the hot news in the city is that tesco will surge monday am - why you all alsk?:

tesco have finally banned worral thompson from all tesco stores and subsideries - profits surge expected, particulary in the dairy commodity division - LOL

I hoping for a sp recovery here.....might rebound up to 350p.....