Tesco.com Sales Figure

[sem4u]

I was just reading the results from British supermarket Tesco here:

[news.bbc.co.uk...]

Underlying profits for the year were £2.55bn.

Tesco.com saw its online sales rise 29% to £1.2bn.

Looks like most of us have some catching up to do! ;)

[piatkow]

Which shows that when it comes to ecommerce people trust brands which already have a major bricks and mortar presence.

Remember that in the UK Tesco is the largest supermarket, far far bigger than WalMart locally.

[Visit Thailand]

Tesco's are very innovative. They are everywhere in Thailand with the mammoth stores and with the Express stores which they have also announced they will launch under their own brand in Japan.

Might not be the best quality but they seem to have great marketing and business development teams.

[haggul]

They are our Google of the super market world - they are getting so big that all the anti trust stuff surfaces every now and again.

Thing is I'm not sure there is anything you can't buy from them any more - they have overlapped into Banking, insurance you name it.

All that and their website has never been that great - as you say if you already have a name to trade on you are made!

[Essex_boy]

The profits are greater than the GDP of Egypt and several other third world countrys, like Scotland ;)

[stevedob]

> The profits are greater than the GDP

That would be *sales*, not profits.

[TravelSite]

On a related subject, Tesco have bought our entire town centre and plan to redevelop it! - [news.bbc.co.uk...]

Plans currently include a new larger community health centre, industrial units, improved library and a relocated and much improved town hall.

And yes Essex_boy - its a Scottish town ;)

[the_el_man]

Their online shopping is annoying. It doesn't include BOGOF's in the final price until they come to your door to pay. Wouldn't be hard to implement.