Strategy (6)
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Prospect Analysis
Tesco (Strategy)
Having successfully completed its five year turnaround, Tesco is working to four key priorities for the business: creating ‘magnetic’ value for customers; creating a competitive advantage through Clubcard and digital; being easily the most convenient; and saving to invest.
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Prospect Analysis
Ecommerce at Tesco
Tesco’s ecommerce operation is one of the most sophisticated in retail and it is the UK’s leading online grocer by a considerable margin, holding around one third of the market. Demand has fallen since the pandemic but remains high at around 1.1m orders per week.
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Prospect Analysis
Technology strategy at Tesco
Tesco’s tech mission is to adapt its business in response to technology-led changes in the way shoppers operate.
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Prospect Analysis
Supply chain at Tesco
Tesco is reconfiguring its supply chain for a multichannel environment, aiming for shortest lead times, increased availability and simplified customer journey. Over the next three years it plans to add up to 25 Urban Fulfilment Centres (UFCs).
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Prospect Analysis
Stores at Tesco
Tesco has drastically reduced store expansion since embarking upon its turnaround over the past few years. Although some stores have opened, these have mostly been small format supermarkets and convenience stores.
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Prospect Analysis
Customer and marketing at Tesco
Tesco has been putting the customer back at the heart of everything it does with a clear four-pillar strategy focused on Magnetic value for customers, I love my Tesco Clubcard, Easily the most convenient and Save to invest