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Economics Snapshot - Tesco and Competition
Geoff Riley
21st July 2009
Tesco has a 31 per cent share of the UK grocery market It is the dominant supermarket in 72% of Britain’s 121 post-codes In April 2009 Tesco reported a 10 per cent rise in underlying annual pre-tax profits to £3.13bn Annual sales were £59bn
Source: The Times (17-07-09) and the Financial Times (04-09)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.