Retailer profile - Tesco

Tesco


Tesco Dashboard

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Summary

Tesco is the largest retailer in the UK. It sells predominately food but also a range of non-food items including clothing and footwear, electricals, DIY and Gardening, homewares and furniture and flooring.

Tesco is under considerable pressure in the UK with significant structural change occurring in the market. Increasing competition from the discounters (Aldi and Lidl), consumer’s drive for convenience and online driving a new retail economics is changing the grocery landscape in the UK.

Tesco has released their worst results in their history. The strategy is about getting back to basics and focussing on their core business – Food in the UK. The recent sale of Blinkbox reinforces the renewed strategy away from digital and back to the basics.


LATEST UK RETAIL STATISTICS

UK Retail Sales

UK Retail Sales

Oct 2016
Retail Economics Retail Sales Index:  3.2%
ONS Retail Sales Index Value (NSA):  6.1%

View UK Retail Sales report
UK Retail Inflation

UK Retail Inflation

Oct 2016
Consumer Price Index:  0.9%
Retail Price Index:  2.0%

View UK Retail Inflation report
UK Consumer

UK Consumer

Q3 2016
GDP Q-on-Q:  0.5%
Consumer Spending Q-on-Q:  0.7%

View UK Consumer report