Tuesday, September 24, 2019
Project work of a British company profile Essay
Project work of a British company profile - Essay Example The first store to be opened was in 1929 in Burnt Oak, and the first self service store was later opened in St Albans in 1956 making it the first and self service which was operational up to 2010. Due to the need to expand and the customers and products being congested, the management saw the need to relocate to a larger premise on the same street. During 1950s, Tesco grew bigger and the management started to expand more thus acquiring more than 800 stores in London (Simms, 2007). For example, in 1957 the company bought 70 Williamsons stores, in 1959 other 200 Harrow stores outlet stores were opened and in 1960, 212 Irwin stores among others. The motto of the business was to pile it high and sell it cheap and this made the customers to flock in the supermarket. The company kept on expanding and in 1995, Tesco introduced a loyalty card and later in the same year an internet shopping services were also available for the customers. In 2006, Tesco announced the need to move into United S tates making sure that grocery stores were opened in the western states making it to have an idea to expand globally. The main section that Tesco usually deals with is Tesco Superstores. This is a supermarket that is stocked with groceries and other non food goods and the stores are normally branded as Tesco. The supermarket usually deals with groceries and the store first operated in Liverpool. Tesco express to provide food stuffs to the customers and shopping is done at Tesco express and later the food stuffs are packed. The stores are found in busy districts and in residential areas where the customers get access to the products (Nash, 2006). Tesco Extra stores are hypermarkets that provide all kind of product ranges. These are largest supermarkets and they are stocked with food, clothing, electronic gargets and entertainment systems. The hypermarket is usually on two floors to make sure that all range of products is available
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