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).

Tesco's UK Grocery Market Share Steady At 30.8% In 12 Weeks -Kantar
Sainsburys (LSE:SBRY)
Intraday Stock Chart
Today : Tuesday 22 June 2010
The U.K.'s biggest retailer by sales Tesco PLC's (TSCO.LN) U.K. grocery market share was held at steady 30.8% in the 12 weeks ended June 13, according to Kantar World Panel market share data Tuesday.

The nation's second biggest retailer, Asda Group Ltd., saw its market share slip to 16.7% in the 12 week period from 16.8% a year earlier. Asda is a subsidiary of the world's biggest retailer Wal-Mart Store Inc. (WMT) of the U.S.

J Sainsbury PLC (SBRY.LN) remained in third spot with a market share of 16.2% over the 12 week period to June 13 from 16.1% a year earlier, according to Kantar.

William Morrison Supermarkets PLC (MRW.LN) saw its market share rise to 11.9% from 11.6% according to Kantar, which monitors the household grocery purchasing habits of 25,000 demographically representative households in the U.K.

Discount retailers Netto and Lidl's market shares remained steady at 0.7% and 2.3% respectively, while Aldi's share rose slightly to 3.1%, from 2.9% a year earlier.

"The figures demonstrate the ongoing premiumization of the grocery market, with shoppers continuing to trade up as the gloom of the recession tails off," Kantar said, adding that shoppers are reaching for premium ranges such as Tesco Finest and Morrisons' The Best.

"Furthermore, Waitrose continues to see a remarkably consistent share growth from a low point of 3.6% in November 2008 to a current 4.2%," Kantar said.

What is wrong with this stock, it is doing my head in tipped everywhere as defensive
but still going down most days. Defensive my ass.

What astounds me is that it is full of punters most times. They should start charging for the car park it is allways full, maybe they should have a jewish food isle like the poland food isle.

C3509
im still 50% long, having already banked a loss but waiting for stop to be hit soon.guess i may just have to put this on my list of wronguns. we all have em. and mine is a long one. im still hanging in there though, against my better judgement but will let my stop loss and money management do the walking.
i dont want to panic, or if i do, then i want to do it quick or not at all, GULP! might be too late for that.maybe ill turn into a long term investor in this? but only if i interfere with my stop loss and money management, which i have no intention of doing
good luck to you.
regards
jkd

Moving like most others with our cousins over the water calling the shots as usual.

Big selling. I think there will be a bounce up Friday. On saying that I hate Friday's

Mwa Mwa

i'm still holding these. not looking good for my stop loss . but thats what its there for.
fear the worse. but thats my plan.
regards
jkd

i'm still holding these. stop loss has survived, and now looking very hopeful that i may do so also.i havent added or reinstated yet as my money management will not allow.(i'm still sitting on a loss here) and have no wish to chase my losses.
good luck to all holders.
regards
jkd
edit:- no wish to chase my losses means to me " to average down " i just cannot and will not do it.but thats just me and my opinion. as always please DYOR on this subject.

Chart above got short written all over it? Just for devilment, Xmas is a coming and at least they made an effort to clear the snow from theire car parks! Wee punt Limit Buy (SB) @ 432.0 Target 450.0 Trading statement Tuesday 7th, Interim Divi 24th and Xmas trading statement 11th January.

Stop to entry for risk free trade.

Stopped out. Try again Limit Buy 432.0

Triggered.

RNS Number : 2817Z

Office of Fair Trading

11 January 2011

Enterprise Act 2002 - Prior Notice of Merger

The Office of Fair Trading received on 16 December 2010 a Merger Notice under Section 96 of the Enterprise Act 2002 (the Act) in respect of the proposed arrangements for:

Anticipated acquisition by One Stop Stores Limited (a wholly owned subsidiary of Tesco plc) of 77 stores from Mills Group

The OFT now gives notice that in accordance with Section 97(2) of the Act the period for consideration of this Notice has been extended by a further period of 10 working days. The period for considering this Notice will therefore expire on 1 February 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

END

Stopped out @ 424.3 -8.3

Trading Statement.

CHRISTMAS & NEW YEAR TRADING STATEMENT


TESCO DELIVERS A GREAT CHRISTMAS FOR CUSTOMERS




Terry Leahy, Chief Executive, commented:



"The Group has continued to make good progress, helped by strong growth across our international businesses, which delivered over half of the Group's growth. Our performance remains solid but was hindered in the run up to the important Christmas trading period in the UK by the disruptive effects of the severe winter weather conditions. Our staff and suppliers did a fantastic job in delivering a great shopping trip for customers in difficult circumstances."

Brave or suicidal? Long @ 406.0

At 406.0 has Christmas come late for those brave enough? :)

Stop to entry for risk free trade.

In its latest departure from the "pile-'em-high, sell-'em-cheap" philosophy of its founder Sir Jack Cohen, Tesco is opening its first beauty parlour, following hard on the heels of the manicures and threading treatments being offered to customers on a trial basis at two of its larger stores. The move comes amid a wider push to take on the department stores and the likes of Boots in selling a wider range of upmarket cosmetics and is the latest in a long line of forays beyond its traditional activity of selling groceries, the Times reports.

Stopped out for nowt. (doing my head in) Added to DOM