Tesco Facts
- Tesco is expected to confirm this week that one pound in every seven that is spent in British shops goes through its tills, when the retailer unveils record profits of £2.5 billion. - http://www.telegraph.co.uk/news/2007/04/16/ntescos16.xml
- £0.04 profit per pound spent
- Tesco has 66 per cent of the UK's online shopping market. Its nearest rival, the Wal-Mart-owned Asda chain, took 16 per cent, with Sainsbury's following close behind with 14 per cent. - comScore
- 63% of shoppers visit a Tesco once every four weeks. - http://www.thisismoney.co.uk/news/special-report/article.html?in_article...
- It sells 70,000 products - Sir Terry Leahy, chief executive.
- Chief Executive of Tesco Sir Terry Leahy was last year paid over £4 million.
- The company sells more DVDs than HMV, more shampoo than Boots, and its £4 jeans outsell Levis, Wrangler and Gap put together. - the Guardian
- Research has found that the group opened half of all the new retail selling-space in Britain in 2006. - http://thescotsman.scotsman.com/index.cfm?id=5462007
- The supermarket's retail empire is now so vast it earns more each year than the gross domestic product of Egypt, Peru or the Ukraine. - http://www.telegraph.co.uk/news/2007/04/18/ntesco18.xml
- It is the world's third biggest retailer behind the French supermarket Carrefour and the American giant Wal-Mart. ^^^
- Its £2.55 billion profits are the equivalent of £4,800 every minute, or £80 a second. ^^^
- Tesco operates stores in twelve countries - the UK, Republic of Ireland, Poland, Hungary, the Czech Republic, Slovakia, Turkey, Thailand, South Korea, Malaysia, Taiwan, and Japan.
- By 1991 Tesco was the country’s largest independent petrol retailer: it now accounts for 12.5% of all petrol sold in the UK.18 - http://www.corporatewatch.org.uk/?lid=252
- Tesco in-store pharmacies have been doing well; according to one report these sell more than Boots and Superdrug together.
- Tesco also sells more top 40 CDs than many specialist music stores combined and is attempting to break the wholesaler monopoly on newspaper sales (which affects all newspaper retailers). - http://www.corporatewatch.org.uk/?lid=252
- Meanwhile Tesco’s website boasts that it’s given £186m in free sports equipment to schools. “But the actual figure is £8.7m. The £186m is the amount Tesco customers have to spend to qualify for the £8.7m of vouchers…” - http://www.supermarket-sweep-up.com/
- The lowest paid workers at Tesco get little more than the minimum wage. In 2005 the hourly rate was £5.56 outside of London. This is more than other shop workers but only by about 50p. These pay rates are in the bottom 10% of non-manual occupations. Many do not earn enough to pay National Insurance contributions and are thus excluded from pensions and other benefits. - http://www.workersliberty.org/node/5246
- Financial information:
http://www.tescocorporate.com/annualreview06/n/sum5yrrecord.html
http://www.tescocorporate.com/annualreview06/n/shareholderprofile.html
http://www.tescocorporate.com/annualreview06/o/downloadcentre.html
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