UK: EXPANSION FOR TESCO HOME SHOPPING VENTURE

Article Abstract:

With 48,000 customers and annualised sales of GB[pound] 200mn, the Internet shopping venture of UK supermarket chain Tesco is to speed up its expansion programme to provide nationwide coverage by end-August 2000. The Tesco.com service will be available through 240 stores to reach the sales target of GB[pound] 300mn per year. In addition, Tesco is planning to launch the online venture in South Korea, where it already has two stores, due to the high population density and Internet usage rates. Tesco is extending its share of the UK grocery market, with 15.6% for the 12 months to December 1999, up from 15.2% a year earlier, while J Sainsbury fell to 11.8% from 12.2% and Asda rose to 8.9% from 8.5%, according to the Institute of Grocery Distribution. Sainsbury's own online venture, relaunched under the name Sainsburystoyou, is said to be performing well, and is expected to cover 60% of the UK by March 2001.

New capacity, new plant construction, Market information - general, Mail Order Houses, Electronic Shopping and Mail-Order Houses, Catalog and mail-order houses, Tesco PLC, Mail-order industry, Mail order business, tesco.com

---

UK: SAINSBURY IN IT OUTSOURCING DEAL

Article Abstract:

J Sainsbury aims to make an annual saving of GB[pound] 35mn by outsourcing information technology (IT) work to Andersen Consulting. The UK-based supermarket group, which currently devotes over GB[pound] 200mn to IT operations and systems per year, agreed a seven year deal on 13 November 2000.

Strategy & planning, Computer Services, Computer Systems Design and Related Services, New orders received, Computer and Data Processing Services, Management, Economic aspects, Computer services industry, Information technology services industry, Information technology services, Information technology, Contracts, Abstract, Andersen Consulting, Outsourcing

---

Similar abstracts:

• Abstracts: UK: BUDGENS STRONG IN CONVENIENCE STORE MARKET. UK: ASDA INVESTS IN HOME SHOPPING SERVICE. UK: AGGRESSIVE PRICE CUTS FOR ASDA
• Abstracts: UK: UNION CONCERN OVER GOVERNMENT'S FUEL DEAL. UK: MINIMUM DRIVING AGE MAY BE INCREASED. UK: SPEED LIMIT FOR RURAL AREAS CUT TO 20MPH
• Abstracts: UK: I-SPIRE IN REVERSE TAKEOVER BY GLENCHEWTON. UK: DUKE STREET MAY NOT BID FOR HOMEBASE. UK: KNUTSFORD IN WASSALL TAKEOVER TALKS
• Abstracts: UK: CONCERNS RAISED OVER BASS PURCHASE. UK: BOTTS COULD DROP WOLVERHAMPTON BID. UK: SA BREWERIES IN ACQUISITION RUMOUR

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.