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Retail Week Report Confirms Tesco as UK's Largest Retailer

          Retail Week Report Confirms Tesco as UK's Largest Retailer

  PR Newswire

  LONDON, January 18, 2013

LONDON, January 18, 2013 /PRNewswire/ --

Tesco has been confirmed as the largest retailer in the UK, with annual UK
sales of £42.8 billion. But whilst the dominance over its rivals is
considerable in terms of sales, the retail giant still faces a number of
challenges.

In a new report that analyses the strengths, weaknesses, opportunities and
threats of the country's top 10 retailers by annual sales, Tesco heads a list
that also contains Sainsbury's, Asda, Morrisons, Marks & Spencer, Co-operative
Group, John Lewis Partnership, Boots, Home Retail Group and Kingfisher.

According to the Retail Week 2013 SWOT report , Tesco delivered UK operating
profit of £2.48 billion for 2011/12 across nearly 3,000 stores. Amongst the
strengths that helped deliver that result, was the fact that some 12% of all
retail spending goes through its tills (about 30% of all food sales), which
gives it huge advertising reach with customers, leverage with suppliers and
access to talent.

However, the Retail Week 2013 SWOT report points out that the UK retail giant
also has its weaknesses, including "long standing issues" in the UK and a US
business that has struggled from the start and is now under review.

Tesco's opportunities include the £1bn investment it has set aside for a UK
revamp. Amongst the threats the grocer faces are the high levels of
competition it faces in the UK from rivals such as Asda and Sainsbury's. There
is also potential for further disruption in overseas markets that include
Eastern Europe and China. 

Retail Week, the UK's leading provider of retail industry news, analysis, jobs
and data, from across the entire retail sector, today (Thursday 18 Jan)
released its annual SWOT report of 10 of the UK's major retailers.

The report, valued at £1000 but free with a subscription to Retail Week,
analyses the strengths, weaknesses, opportunities and threats of Tesco,
Sainsbury's, Asda, Morrisons, Marks & Spencer, Co-operative Group, John Lewis
Partnership, Boots, Home Retail Group and Kingfisher.

Further details of how to download the report can be found here
http://www.retail-week.com/5045009.article

The in-depth study profiles each of the businesses with analysis linked to UK
sales, international expansion, operating profit, store footprint and number
of employees.

Chris Brook-Carter, Editor-in-Chief, Retail Week is available for comment or
interview.

About Chris Brook-Carter

Chris Brook-Carter is Editor-in-chief of Retail Week.He has covered the FMCG
and retail industries for 15 years, and has in-depth knowledge on the food,
drinks and clothing sectors. Before joining Retail Week, he was editorial
director and publisher of just-food, just-drinks and just-style.

About Retail Week

Retail Week is the UK's leading provider of retail industry news, top retail
jobs, key retail market reports and data, from across the entire retail
sector. http://www.retail-week.com/

To request a copy of the report or arrange an interview, email
sarah.kemp@topright-gorup.com   or call +44-(0)7738-740-831.
 
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