Tesco China 2010: A Company Profile


May 1, 2010
17 Pages - SKU: ACS2735173
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Countries covered: China

Tesco, Carrefour and Wal-Mart are the three largest retail companies in the world, yet they compete directly in very few markets, and China is one of the few that they do. It is therefore perhaps surprising that Tesco entered the market so much later than Carrefour and then Wal-Mart.

However, Tesco has now entered the Chinese market, and is growing its presence there at an aggressive pace. That pace of growth is going to accelerate as Tesco increases its number of stores, especially self-funded shopping malls and commercial complexes with itself as the anchor retailer.

In this way, Tesco is also competing as a player in the commercial real estate market in China, and not just as a retailer.

Tesco’s growth has generally been steady in China, if not as fast as its key global competitors, but Tesco look committed to a long-term strategy in China, and its significance in the market is expected to grow.


Additional Information

Access Asia’s Company Profile series of reports are meant to provide independent analysis on Chinese companies either in the news, or on the M&A radar. All company profiles contain contact details, company background and history, key activities in China, a SWOT analysis and key financial figures. We also include any key company events that have made the news, new product releases and branding activity.
1 Overview
1.1 Report Overview
1.2 Other Access Asia Reports of Possible Interest
1.3 China Retail Quarterly
2 Tesco China
2.1 Company Details
2.2 Company Background
2.3 Company Recent Developments
2.3.1 Company Recent Developments: Network Expansion
Table 2.1 TESCO: HYPERMARKET OUTLETS IN CHINA BY LOCATION, 2009
Table 2.2 TESCO: STORE COUNT & STORE SPACE IN CHINA, 2004/05-2010/11F*
2.3.2 Company Recent Developments: New Formats
Table 2.3 TESCO: LOCATION OF EXPRESS STORE OUTLETS IN CHINA, APRIL 2009
2.3.3 Company Recent Developments: Private Label
2.3.4 Company Recent Developments: Membercard and Customer Footfall
Table 2.4 TESCO: CUSTOMERS PER WEEK/SALES PER WEEK AT CHINA OUTLETS, 2004 & 2008
Table 2.5 TESCO: SALES GROWTH IN CHINA, 2005/06-2009/10
2.3.5 Company Recent Developments: Future Direction
3 Tesco China’s Market
3.1 The Supermarket Retailing Industry
3.1.1 The Supermarket Retailing Industry: Total Retail Above Government Statistics Threshold
Table 3.1 TOTAL RETAIL INDUSTRY ABOVE THE GOVERNMENT STATISTICS THRESHOLD, 2003/2009
3.1.2 The Supermarket Retailing Industry: The Total Retail Industry
Table 3.2 THE TOTAL RETAIL INDUSTRY STRUCTURE, 2003/2009
3.1.3 The Supermarket Retailing Industry: Supermarket Significance Within the Total Retail Industry
Table 3.3 SUPERMARKET SIGNIFICANCE WITHIN THE TOTAL FOOD RETAIL INDUSTRY, 2003-2009
3.2 Supermarket Industry Sectors By Size
3.2.1 Supermarket Industry Sectors By Size: Size Definitions & Averages
Table 3.4 ESTIMATED AVERAGE SUPERMARKET OUTLET SALES, PROFITS, SIZE & STAFF (INCLUDING STORES BELOW THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.2.2 Supermarket Industry Sectors By Size: Outlets
Table 3.5 ESTIMATED SUPERMARKET NUMBER OF OUTLETS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.2.3 Supermarket Industry Sectors By Size: Floorspace
Table 3.6 ESTIMATED SUPERMARKET AREA OF FLOORSPACE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.2.4 Supermarket Industry Sectors By Size: Sales
Table 3.7 ESTIMATED SUPERMARKET SALES REVENUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.2.5 Supermarket Industry Sectors By Size: Profits
Table 3.8 ESTIMATED SUPERMARKET NET PROFITS (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.2.6 Supermarket Industry Sectors By Size: Footfall & Basket Size
Table 3.9 AVERAGE SUPERMARKET CUSTOMER VISITS & BASKET VALUE (ABOVE THE GOVERNMENT STATISTICAL THRESHOLD) BY BROAD SIZE CLASS OF STORE, 2003/2009
3.3 Leading Supermarket Retailers
3.3.1 Leading Retailers: Top-10 Foreign-invested Supermarket Retailers
Table 3.10 COMPARISON OF CHINA’S 10 LEADING FOREIGN-INVESTED SUPERMARKET/HYPERMARKET RETAIL CHAINS, 2004-2009
4 Tesco China’s Finances
4.1 Financial Results
Table 4.1 TESCO: FINANCIAL RESULTS FOR ASIA & CHINA, 2005/2006-2009/10*

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