Tesco Weekly Sales Hit £1 billion

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Tesco Weekly Sales Hit £1 billion

By Capitalists@Work on April 21, 2009 | More Posts By Capitalists@Work | Author's Website

Thirty years after it first broke the £1 billion worth of sales a year mark, Tesco is reporting sales of £1 billion a week.

Its annual results show the company achieved sales of £53 billion and profits of £3 billion.

Seeing as how £1 in every £7 is spent by UK consumers in a Tesco, (probably nearer to £1 in every £6 by now) Why not just hand over the entire budget / Treasury to Tesco management.

There is nothing they don’t know about cutting waste, getting the best deal,global markets currency hedging, new technology, efficiency and turning a profit.

And the employees rate them highly too.

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