As Tesco looks to recapture sales and profit momentum in its home UK market, writes that "key among its strategic priorities … would be 'continued leadership in multichannel and online' and a 'seamless multichannel offer'. It also plans to invest £200m in keeping prices low, while continuing to develop multichannel measures such as click and collect: it now has more than 1,750 dedicated desks for online general merchandise, and 232 locations for online grocery click and collect."
The story says that Tesco is adapting to a market "in which online sales are growing strongly as ecommerce has gone mainstream, convenience is growing as customers buy more locally and more often, and large out-of-town stores are under pressure as a result."
The story says that Tesco is adapting to a market "in which online sales are growing strongly as ecommerce has gone mainstream, convenience is growing as customers buy more locally and more often, and large out-of-town stores are under pressure as a result."
- KC's View:
