Who are tesco?
a UK SUPERMARKET Tesco plc is a British-based international grocery and general merchandising retail chain. It is the largest British retailer by both global sales and domestic market share, and is the world’s third-largest retailer, behind Wal-Mart of the United States and Carrefour of France. Tesco now controls just over 30% of the grocery market in the UK, app roximate to the combined market share of its closest rivals, Asda and Sainsbury’s. In 2007, the supermarket chain announced over £2.55 billion in profits. [2] Originally specialising in food, it has diversified into areas such as discount clothes, consumer electronics, consumer financial services, selling and renting DVDs,[3] compact discs and music downloads, Internet service, consumer telecoms, consumer health insurance, consumer dental plans and budget software. It is now entering into the housing market, with a self-advertising website called Tesco Property Market.
