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).

Because of megabucks buy today??

..Ocado set for price war with Tesco

By James Quinn | Telegraph – 2 hours 8 minutes ago

Ocado is to cut its prices on a range of products in a bid to steal a march on rivals such as Tesco (LSE: TSCO.L - news) in the battle for online supermarket delivery customers.

The Telegraph understands that the home delivery retailer will cut prices on around 600 products, making them 10pc lower than their equivalent at Tesco.

It is aimed at attracting cash-strapped shoppers to Ocado, which has traditionally been seen as a more expensive offering than that of the mainstream supermarkets.

The move is expected to be announced alongside the company's full-year results on Tuesday, and is set to form part of chief executive Tim Steiner's fightback against critics.

Ocado's share price has recovered somewhat since the turn of the year, despite news last week that finance director Andrew Bracey is to leave for the same role at Michael Page (LSE: MPI.L - news) .

The company's shares closed at 81½p on Friday, but remain way off their 180p float price in July 2010.

However, Mr Steiner, one of the company's co-founders, is believed to be set to tap into the growing trend of customers searching for grocery bargains online.

As a second flank, he is also expected to use the company's results to demonstrate its decreasing reliance on Waitrose its original supermarket partner.

A number of analysts have pinpointed Ocado's reliance on Waitrose as a reason not to support the shares historically. At flotation, as much as 75pc of items sold came from the John Lewis Partnership-owned grocer.

But Tuesday's presentation is likely to focus on that number having decreased to 40pc of total sales, with just 20pc of Ocado's range now coming from Waitrose.

Part of the reason behind this is due to the increased demand for Waitrose's own-label products, which are now understood to account for approximately 13pc of its total own-label sales.

For the year to November (Stuttgart: A0Z24E - news) 2011, consensus forecasts predict total sales for Ocado in the region of £600m, up from £551m in 2010

..Cambridge's Trinity College buys 50pc stake in Tesco stores

By Graham Ruddick | Telegraph – 2 hours 13 minutes ago


The richest college at the University of Cambridge (SES: E2:J91U.SI - news) , Trinity (Munich: A0YDBV - news) , has invested in the UK's largest retailer by acquiring a 50pc stake in a portfolio of Tesco (LSE: TSCO.L - news) stores worth £440m.

It is understood to be the first time the college has invested in supermarkets, although it has a property portfolio worth more than £800m. Trinity uses endowment funds to invest in property and provide extra income for education and research. Its (Euronext: ALITS.NX - news) portfolio includes the freehold to land surrounding The O2 arena in London.

The college has acquired the 11 stores alongside a Tesco subsidiary in a deal financed through the issuing of a £450m commercial mortgage backed security (CMBS) on Wednesday.

The Tesco portfolio includes stores in London, Bradford and Doncaster, as well as a development site in Woolwich, south-east London.

The special purpose vehicle that will hold the stores and has issued the bonds is called Tesco Property Finance 5. It is the fifth time in a couple of years that Tesco has spun off stores through a CMBS.

A company spokesman would not confirm the identify of the third-party investor in the stores, but said: "Last year we set a strategy of realising sustainable property profits in the range of £250m to £350m per annum across the group, which is broadly equivalent to the value we create through property development activities. This latest deal is part of that programme and our JV partner is an excellent, experienced property investor."

The investment from Trinity College highlights the continued attraction of investing in supermarkets.

However, speaking to The Telegraph , the chief executive of Morrisons, Dalton Philips, has warned that UK supermarkets have a "property albatross" around their necks "and there's no easy, or clear solution to how they can get out of that".

..

Are the stores without the Tesco above the door a white elephant. Cannot see an investment for the college. Tesco are now stuck with stores with customer spend trends reducing. Sainsbury must be smiling. Who will want these huge stores.
Its not going to be a very easy uptrend for Tesco.

Tesco sparks petrol price war

TESCO has launched its biggest ever promotion — knocking 10p a litre off petrol for shoppers who spend £60 in store.
It comes as petrol prices approach all-time highs after tension in Iran and the collapse of the Coryton refinery.

Tesco's UK chief Richard Brasher said: "We know families are feeling the pinch in these tough times so I'm pleased we can offer customers extra value at the pumps."

The move is likely to hit thousands of independent petrol stations.

Britain's biggest supermarket is desperate to win back shoppers after its worst Christmas for 20 years.

It already runs a promotion offering customers a £5 voucher when they spend £40.

Balerboy - 27 Jan 2012 16:02 - 417 of 421

Because of megabucks buy today??

I dont care what anyone else does or does not do, I was communicating with someone else who reads but does not post here.

I am going to miss by a couple of pence for the top end anyway today possibly, but theres always tomrrow looking at what the DOW is doing.

Poo, think you mis-interpret my jest, you posted after megabucks buy at 324p the sp would drop 10-12p........lighten up.,.

Sorry - that is the trouble with the written word, I cant see you eyes.

lol

:)

agree with bb £4 + divi - yes thanks - i do remind myself that buffet is invested here from time to time also :-))

saw poo's name and thought to myself a bit of a poo day here for tsco (sorry poo no offence intended) as you would have noted i am but a simple person!! lol

".............i am but a simple person...........". Certainly can't argue with that!

Lets see what happens

hc - i didnt think you would - i thought cynic may have been first to comment?!

Tesco market share dips below 30%




http://www.shropshirestar.com/business/city-news/2012/01/31/tesco-market-share-dips-below-30/

http://www.guardian.co.uk/business/2012/jan/31/tesco-lowest-market-share-2005

cheers dc

just added a few more 6603

at this time of year i lock in to div shares now in sbry tesco mrw cna vod rsa .
sbry and tsco will hold till 350p and 400p

just added 14775 more cna at296.15p

http://www.guardian.co.uk/business/2012/feb/01/tesco-bob-robbins-move

http://www.thesun.co.uk/sol/homepage/news/money/4102447/Tesco-shares-sell-executive-Bob-Robbins-is-moved-news-The-Tesco-exec-who-made-a-fortune-selling-shares-before-a-monster-profit-warning-has-been-moved-out-of-his-role-at-the-supermarket.html