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).

bb with little or no growth prospects TSCO must be headed sub 300p.

they're certainly under a lot of pressure and competion.,.

Put your money in sains Bb. lol

LONDON (ShareCast) - Tesco (LSE: TSCO.L - news) shares continued to fall on Thursday, following a disappointing set of second quarter results from the supermarket giant the previous day. Knocking investor sentiment further was broker Exane BNP Paribas, which cut its targe on the stock from 325p to 300p, and maintained its underperform rating.

you may well be right DC. still wish i was in your wandisco.,.

Dont you go near them. :-))

Mr Leahy has left Tesco in a mess.

more south

Retail sales rise as chilly weather boosts clothing demand - BRC

LONDON | Tue Oct 9, 2012 2:57am BST

(Reuters) - British retail sales posted a solid rise last month as Britons splashed out on sturdy shoes and warm clothes, the British Retail Consortium said on Tuesday, raising the chances of a more lasting economic recovery.

Internet sales also showed some signs of a rebound after Britons watched the London Olympics and the Paralympics in August and early September rather than shopping online.

Like-for-like retail sales -- or sales at stores open for at least a year -- rose by 1.5 percent in value terms compared with September 2011, following a 0.4 percent dip in August, the BRC said.

UBS Upgrades to Buy TP 370p

In yesterday at 307p :)

Just had a look at the recent broker recommendations.
8 strong buy, 3 buy, 8 neutral, 3 sell, 8 strong sell.
Assuming they use the same data and parameters for their calculations, how can they possibly be that far apart in their forecasts???

Because they are useless brokers.

Going well today, set trailing stop to hold profits.,.

Back in after last stop out at 315p, missed yesterdays 311p.,.

Tesco the seventh-most popular pick by the broker's private clients between the market's opening on Monday and today at noon. Heavily bought in the past few weeks following lacklustre results, which saw 30p lopped off the share price, Tesco is evidently still benefiting from last week's broker upgrade from UBS , which put a price of 370p on the share.

On a rating of just nine times forecast earnings, and offering a 4.9% forecast yield, a broker upgrade and 'buy' rating ought to be superfluous to investors with an eye for a blue-chip bargain. But, as they say, every little helps.

OH yeeeesssss.,. lol

Had to collect a prescription on Saturday. Collected it from the new layout pilot store Tesco were experimenting with the layout at Bishops Stortford, Herts.
Imoo - Its a huge store that you still have trouble finding items. The shelving is stacked very high, so you walk down isle after isle with no view. Items have moved around ie more food at the front of the store and clothes moved to the back. Still seems a very cold store to me (I dont mean cold to put a coat on). Still lagging behind Sainsbury in my view. I thought they talked about brightening up the stores ?
On the plus side there were more staff on the shop floor and got through the tills without a queue.

..

Shake-Up At Tesco As Price Isn't Right
By (c) Sky News 2012 | Sky News – 1 hour 3 minutes ago..

The overhaul of Tesco (Xetra: 852647 - news) 's top management is to continue with the departure of the executive in charge of its British non-food business after just 18 months in the job.

I have learned that Terry Price, commercial director and one of the company's top-ranking managers below board level, is leaving following the lacklustre trading performance of the division.

Mr Price, a former Wal-Mart executive, was in charge of 'hardlines', the retailing term which encompasses non-food products such as electrical items, toys and sports goods.

His exit comes as Tesco faces searching questions from the City about its plans to improve trading in its core UK business.

In January, it unveiled a shock profit warning and said it would need a huge investment programme to fend off competition from the likes of J Sainsbury and Asda.

In April, Tesco reported a 3.9% fall in full-year like-for-like general merchandise, electricals and clothing sales, a performance which left the City questioning the company's non-food credentials.

Philip Clarke, Tesco chief executive, is responding to the decline by combining responsibility for general merchandise under Neela Mukherjee, a Tesco Direct executive.

Mr Price's departure is a surprise because he was seen as an ally of Mr Clarke's when he was brought back from China to head general merchandise last year.

A Tesco insider conceded that the two men had disagreed about the reasons for the performance of non-food but said Mr Price was leaving on good terms.

Earlier this year, Richard Brasher, the group's UK boss, left after Mr Clarke said that there "could not be two captains on the bridge".

Tesco declined to comment.

Going up nicely today.....happy days.,.