This report provides an in depth analysis of TESCO's financial management. It presents a comprehensive insight into Tesco's financial analysis, structure, financing alternatives and risk management and competitors. The report is a detailed strategic and global management analysis of TESCO The basic aim of the repot is to analyze the financial position of Tesco and its fund rising alternatives.
Scope of Report
The various alternates available for fund raising for development
Opportunities open to the company for the grab and the possible technological, competitive or other threats are analyzed.
Recommendations are provided in order to direct the organization towards a proper financial plan as to how things can be corrected and coped up with.
Tesco is an international distribution group based primarily in the UK , in Ireland and Asia. The company was founded in 1919 by Jack (later Sir Jack) Cohen, selling groceries from a stall in London's East End. “Tesco” as a brand first appeared five years later. Growth since the early days has occurred both organically and by acquisition, and today the total number of stores exceeds 3,700. Today, although Tesco remains focused on grocery items, following the Continental hypermarket model, it has also diversified into consumer electronic goods, clothing, DVDs and CDs, furniture, telecoms, and even insurance and other financial services.
Over the years, Tesco has become increasingly concerned with corporate social responsibility and via its corporate Website declares the following overall philosophy:
Respond to consumer trends such as healthy eating, organics, and Fair Trade
Treat suppliers fairly so they can “deliver” for customers
Manage the company's environmental impacts to help reduce costs and inconvenience
Treat staff as they deserve to be treated so they perform well for customers
Help staff and customers to support the local organizations and causes they care about
Tesco is Distribution Group UK (2205 stores in just the United Kingdom in 2008) and the 3rd World Group. His work revolves around three areas: distribution in the United Kingdom, international distribution and financial services.
Tesco has 1878 points of sale (retailers Tesco Extra, Tesco Superstore, T & S, Tesco Metro and Tesco Express). Tesco is present in the food and non-food (textiles, pharmaceuticals, information technology, optics, TV Hi-If Video, appliances, travel, etc). He also offers phone services through Tesco Mobile (250 000 clients) created in 2003 in partnership with the No. 1 sector in Britain. In addition, the group has an online shopping site, tesco.com.
The company's core UK division four different storage formats, including: fast, subway, supermarket and additional, and a trial format, known as the Home plus. Non-food part of the company, including such as electrical appliances, home entertainment, clothing, health and beauty products, stationery, cook shop and soft furnishings, such as barbecues and garden furniture in the summer seasonal merchandise goods. The company's retail services sector consists of a number of operations, including Tesco Personal Finance, Telecom and Tesco, tesco.com composition. (Redeem, T., 86-100)
Task 01; Financial Analysis of TESCO
TESCO's business operations are subjected to seasonal influences, which makes the performance shoot up in the peak ...