Key Issues Currently Facing Tesco

whats that got to do with tescos?

Anyway Tescos biggest problem is working out how to screw more cash out of my missus as she all ready spends far too much
 
Randell Floyd said:
The last batch from our great leader Terry was:

* Monoploy in the UK is a great issue due to the fact that keeping the city happy is key, and not being able to expand in the UK is a major factor.
This is time is being delt with in a few ways. The major one being out big investment in moving into Europe, and were very careful what countrys we try and crack. Wal-Mart proved that you cant just walk into say Germany and throw money around, as they ended up loosing millions upon millions and moving out.

* The second is the non-food market. This Monday sees the launch of out 'Arogs' catalouge, that looks like taking us past Argos as the largest outlet, this is made easy thanks too our vast sq ft of Tesco in the UK, our buying power and the somewhat leading team of big wigs!

* The farmers issue is the current backlash on the price we pay farmers. Steping back from a either sides view it's in very simple terms farmers being used too charging too much for their stock and now Tesco being able to force the price of purchasing right down to near silly prices. This is term is killing UK farming of sorts, too Tesco thats no major problem as the world one big suppiler.
Also the fact that people want more UK famred stock, so theres a massive Meat and Poultry winter launch, with all our new lines for upmarket shoppers being from the UK, same with a load of British able produce.


Thast in short, but if theres any thing you/she needs to ask please ask away.
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Do you have a link to any of this? I would be really interested to read more about it, especially the last paragraph.
 
ok, clearly this person is new to Uni the first thing you do on an essay like this is go to the corporate investor page (tescocorprate.com funnily enough) then pull off the financial results for the past 5 years or so look at any patterns run some ratios (should already be in the reports) look at the debt reports, read the directors comments and look at the future strategies. Then do a Google search on any issues brought up from this see what if anyone else has written anything similar then quote and reference any articles so you don't get done for plagiarisim. If that doesn't help her then tbh theres no hope
 
Good story regarding what could be the start of a war against Tesco is that Tyrrells crisps took them on.,

Hats off to Mr William Chase from Tyrrells potato crisps – a small independent savoury snack producer catering to small, independent outlets throughout the country.

Tyrrells don’t do mega deals with control freak supermarket chains – and that includes Tesco. They only deal with farm shops, delicatessens and independent grocers shops – so that doesn’t include Tesco. Mr Chase is a passionate man, more concerned with the quality of his product than with being bullied, screwed down, then ruthlessly shafted by the hyena of the high street. In spite of this, Tesco asked if they could stock Tyrrells crisps, Mr Chase declined.

So imagine Mr Chase’s surprise when he found out that Tesco were actually selling Tyrells crisps in their out of town supermarkets. They had apparently got hold of them through a third party. Mr Chase told Tesco he did not want his product on their shelves and requested they desist from selling them.

He asked them several times – and true to form, Tesco ignored him several times. Patience exhausted, Mr Chase went to court. Today he got an injunction banning Tesco from selling his products in future – and ordering them to clear their shelves of any existing stock. Result!!!!!

Mr Chase, have you ever thought of going into politics?
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http://www.tyrrellspotatochips.co.uk/
 
Interesting as all the extra info is it won't add much to a financial report unless it changes the way the business operates. As mattx2 said just look for trends in the balance sheets and P&L reports then comment on a couple of items of interest. The "business professional" won't be interested in anything else.
 
I agree with what you have identified . Their monopoly of the market will eventually create a backlash. Tesco are "creating" a town centre where I live, and something tells me that they are no going to be inviting local butchers, grocers, dvd rental shops etc to set up shop there.
 
~J~ said:
Good story regarding what could be the start of a war against Tesco is that Tyrrells crisps took them on.,

http://www.tyrrellspotatochips.co.uk/
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How does that help the consumer?

As consumers it is surely to our benefit if a supermarket can squeeze lower prices out of their suppliers. I see from that website that Tyrrells' crisps cost a fortune, what a surprise :)
 
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[TW]Fox said:
Yea but what can you do with a Game Development degree other than... join the queue of 800,000 other guys who want to spend their working day playing games?
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Join the queue of accountants that really wanted to play games all day long, but are stuck with some numbers instad? :D
 
Huge Landbank, where Tesco have bought up all the land where a supermaket could be built just to stop the comptetion building one.]

dirtydog said:
As consumers it is surely to our benefit if a supermarket can squeeze lower prices out of their suppliers. I see from that website that Tyrrells' crisps cost a fortune, what a surprise :)
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As the producer Tyrrell want to keep their expensive "quality" product exclusive and for that you pay a price premium, it refreshing to see that not everybody has a "stack it high sell it cheap" mentality.

Also you can't really talk about Supermarkets without talking about their impressive logistics systems e.g. getting lorries to stores from depots and how demand in store drives that process.

HEADRAT
 
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Cybermyk said:
Interesting as all the extra info is it won't add much to a financial report unless it changes the way the business operates. As mattx2 said just look for trends in the balance sheets and P&L reports then comment on a couple of items of interest. The "business professional" won't be interested in anything else.
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P&L and balance sheet show historical information, not current issues. People place far too much emphasis on old financial information when analysing a company; in this case a SWOT or a PESTLE would be a more valid form of study.

If I were really analysing a company, for credit purposes for instance, I'd want to see current management accounts, certainly not the annual accounts.
 
Freeman said:
A bit OT but man am i glad i chose Game Development rather than Accounts at college >.<
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Try saying that in 10 years when you compare your wage slip to that of a chartered accountant....
 
Also you can't really talk about Supermarkets without talking about their impressive logistics systems e.g. getting lorries to stores from depots and how demand in store drives that process.
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yes, which results in the loss of regional foods as an example milk travelling over 500 miles mixed with milk from huge regions, producing a homogenous sterile product, packaged and then transported back to where it came from, excellent policy :rolleyes:
 
Mr Mag00 said:
excellent policy :rolleyes:
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I make no claims for it's "enviromental/social impact" just that their supply chain is an amazing part of the business, if it wasn't on the shelf you couldn't buy it ;)

HEADRAT
 
HEADRAT said:
As the producer Tyrrell want to keep their expensive "quality" product exclusive and for that you pay a price premium, it refreshing to see that not everybody has a "stack it high sell it cheap" mentality.
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Yes, if I ever want to pay a quid for a packet of crisps I'll be sure to seek out their brand...

I find it more refreshing that supermarkets have given us cheaper food than previous generations enjoyed. Yet supermarkets still stock premium brands for those who want or can afford them - it isn't an either or situation.
 
dirtydog said:
it isn't an either or situation.
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Well it is if the supplier doesn't want to sell to Tesco's, either you get your Tyrell's crisp from somebody other than Tesco or you go without ;)

Didn't Tesco have this same fight with Levi's Jeans?

HEADRAT
 
HEADRAT said:
Well it is if the supplier doesn't want to sell to Tesco's, either you get your Tyrell's crisp from somebody other than Tesco or you go without ;)
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True :p

Didn't Tesco have this same fight with Levi's Jeans?
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Yes that rings a bell :) As far as I can see, in a free market, Tesco and any other shop should be free to source goods from any supplier they want, and sell them cheaper if they wish - it is to the benefit of the consumer isn't it?
 
I do kind of agree and I was playing Devil's Advocate just for conversation sake ;) but I do also think if you are a "premium" brand and you don't want to sell via certain distribution (thus damaging your exclusivity and thefore your brand) that should be the supplier parogative.

HEADRAT
 
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