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).

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

Hope they do rise more tomorrow as i was buying most days last week,i cannot see them being down for long as WB usually does do his homework and only puts his hand in his pocket if it ticks all the boxes.

sure to rise again imo :-)

@gibby hope so have a big position open but its been a very profitable week thus far,but have moved my stops up to lock in profit so even if it does do a major back track it will take me out of the positions with a decent profit.I have to admit i am looking at holding onto them till they get back to just before christmas.

Every little helps :o)

Or div in April.,.

just covered a quarter of TSCO +24 :o)

nice one mega - well done - plenty more to come imo :-))

oh yes,still have a big holding in them and all the stops have been moved up every hour this morning to lock in profits

bought in today.. looking for 20% return in the SP over the next 6 months !

Monday 23 January 2012

Telegraph.co.uk
Tesco is to tailor its price promotions and ranges to reflect the wealth of families who live near its stores.

Tesco is said to have begun talks with suppliers aimed at launching price promotions in less well-off areas, where it faces competition from the likes of Aldi, Lidl and Iceland. Photo: EPA/ANDY RAIN By Louisa Peacock
5:30PM GMT 23 Jan 2012
35 Comments
The shake-up will see customers in poorer areas pushed to buy Tesco Value products through various promotions, while those living in more affluent areas will see more discounts on higher-end goods, such as from retailer's Finest range.

Analysts said the move was "sensible" after disappointing Christmas sales and an admission from Tesco that its 'Big Price Drop' campaign failed to lure customers in the six weeks to January 7, causing a 2.3pc like-for-like sales drop, excluding fuel.

The UK's biggest supermarket has begun talks with suppliers aimed at launching range promotions in less well-off areas, where it faces competition from the likes of Aldi, Lidl and Iceland.

The new strategy, involving up to 300 stores initially, is being spearheaded by UK chief executive Richard Brasher – the man behind the Big Price Drop – after the retailer delivered its first profit warning in 20 years. The news wiped £5bn off the value of Tesco's shares.

Tesco sources said up to 100 stores had been earmarked in poorer areas and up to 200 stores had been identified in affluent postcodes, to win back customers who had defected to Waitrose and Sainsbury's.

Related Articles
Tesco slumps in key brand poll
22 Jan 2012
Tesco under pressure after downgrades
13 Jan 2012
Tesco chief sold shares before profits warning
13 Jan 2012
Tesco has a lot of work ahead and can't blame all its problems on the past
12 Jan 2012
Tesco shares crash after profit warning
12 Jan 2012
Tesco already tailors its ranges to the demographic and shopping habits of its customers, but the shake-up would see it take this one step further. Suppliers are nervous that the retailer will pass on the cost, according to retail magazine The Grocer.

However, the retailer ruled out using a "dual pricing" strategy, where the price of goods, excluding promotions, varied depending on where they were sold.

Richard Hunter, of Hargreaves Lansdown, said: "This reflects a scientific approach to marketing and could help reverse disappointing sales after Tesco effectively took its eye off the ball before Christmas."

Tesco could pull the plug on Home Plus
Published on Tuesday 24 January 2012 08:01


EMBATTLED supermarket giant Tesco could close down its furnishing chain Home Plus as it turns its attention to winning back customers in its core grocery business after disappointing festive trading.


Tesco is understood to be keen to give up leases it holds on 13 Home Plus stores following weak sales at the out-of-town stores. It has been reviewing the Home Plus stores for six months and two branches are already being marketed.

Tesco saw billions of pounds wiped from its shares earlier this month after it admitted that its £500m price cut campaign had failed to bring in customers.

Chief executive Philip Clarke has promised to lead a change in the company’s expansion strategy, with less focus on massive out-of-town stores.

Tesco first opened Home Plus stores at retail parks in 2005. They contain no food and sell only furniture and soft furnishings.

Tesco will face difficulties as the leases on the Home Plus stores are for 15 or 20 years with unfavourable terms.

If Tesco is unable to find new tenants, it is likely to leave the stores open.

Tesco reported a “disappointing” 2.3 per cent decline in like-for-like sales excluding VAT and petrol in the six weeks to January 7, which came in below its own expectations.

Tesco pledged to invest “hundreds of millions” in improving its quality and range and lowering prices.

Panmure Gordon reiterates its Buy stance TP 440p

recent reports suggest TSCO is ex growth in the UK and is planning to close smaller outlets which is the usual cost saving move in a contracting market.

still good for £4 and div in april, that'll do me.,.

h, I have just read the opposite. i.e. TSCO see the value of the smaller stores and realise that the large, out of town superstores are not attracting the customers who historically spent large amounts of money each visit. Also, the on-line shopper numbers are increasing, which reduces the footfall at the big stores.

BB .. I'm with you.... £4 my target in the next few months :-)

Balerboy- 24 Jan 2012 17:40 - 408 of 410
still good for £4 and div in april, that'll do me.,.

I AGREE

Tesco PLC (the "Company")

DIRECTOR/PDMR SHAREHOLDING

The Company was notified on 24 January 2012 that on 17 January 2012, Paola Hanna, a connected person of a Director, Ken Hanna, purchased 25,000 Ordinary Shares of 5p each in the Company at a price of 313 pence per share.

This announcement is made in accordance with the requirements of DTR 3.1.4.



Just above the 12 month low of 311.

buy

Would seem, (stating the obvious), that anyone taking a long term position would do well to copy the buy in price if it prersents itself again, ie 313 - 315 pence. Thats for you Edd.