The English group Tesco is one of the ‘Big Four’ leading supermarket chains in the United Kingdom. Its activities can be divided into three major categories as follows:
Tesco achieves over 70% of its turnover in the United Kingdom and the rest in Europe and Asia.
Tesco is currently one of the world’s largest distributors. In reality, the company ranks fourth worldwide in terms of sales revenues and is rivalled by several other big companies in the same line of business. We’d like to present you with Tesco’s main competitors so that you can keep a close eye on their developments and establish an optimal strategy, should you wish to trade this asset.
The world leader in this line of business is currently America’s Walmart, followed closely by Costco and French company Carrefour.
Right after Tesco, which ranks fourth, are the following companies, going from fifth to tenth respectively: Kroger, Lidl, Metro, ALDI, Target and AEON.
Finally, seeing as the Casino, Auchan, Intermarché and Leclerc companies rank between 11th and 25th, they don’t represent a serious menace for Tesco.
Here are some of the most strategic partnerships established by Tesco in the last few years.
The price of Tesco shares is currently quoted on the Main Market of the London Stock Exchange. It is also integrated into the calculation of the FTSE 100 stock market index.
Since its IPO in 2012, Tesco shares followed an overall downwards trend with weak volatility until December 2014. It then recovered several lost points until April 2015 when it registered a new bearish trend.
If you wish to trade in Tesco shares online you should know that this is possible, and actually quite easy, using CFDs available through Forex brokers. Wait no longer to register with one of the best brokers currently on the market.