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Tesco Town
Tesco Town is British slang for an area where one retailer has large market share. Although the term references the Tesco chain of stores, it can be used to describe any area dominated by one particular retailer. In October 2009 the Competition Commission passed its proposal for a "competition test" on to the Department for Communities and Local Government. The test would ban from adding more space in an area, which it says will improve choice for shoppers by making it easier for rival grocers to open. Towns dominated by Tesco Bedford Bedford has been described as a Tesco town with the town having a Tesco for every 7,500 people. Bicester Bicester is one of the UK's best known Tesco-towns, operating five stores in a region with a population of 29,000. Featuring a Tesco superstore on the southern side of town, near the Bicester Village designer outlet, and a further four Tesco Express stores around the general neighbourhood and community areas. Aldi and Lidl have also opened st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slang
Slang is vocabulary (words, phrases, and linguistic usages) of an informal register, common in spoken conversation but avoided in formal writing. It also sometimes refers to the language generally exclusive to the members of particular in-groups in order to establish group identity, exclude outsiders, or both. The word itself came about in the 18th century and has been defined in multiple ways since its conception. Etymology of the word ''slang'' In its earliest attested use (1756), the word ''slang'' referred to the vocabulary of "low" or "disreputable" people. By the early nineteenth century, it was no longer exclusively associated with disreputable people, but continued to be applied to usages below the level of standard educated speech. In Scots dialect it meant "talk, chat, gossip", as used by Aberdeen poet William Scott in 1832: "The slang gaed on aboot their war'ly care." In northern English dialect it meant "impertinence, abusive language". The origin of the word is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truro
Truro (; kw, Truru) is a City status in the United Kingdom, cathedral city and civil parishes in England, civil parish in Cornwall, England. It is Cornwall's county town, sole city and centre for administration, leisure and retail trading. Its population was 18,766 in the 2011 census. People of Truro can be called Truronians. It grew as a trade centre through its port and as a stannary town for tin mining. It became mainland Britain's southernmost city in 1876, with the founding of the Diocese of Truro. Sights include the Royal Cornwall Museum, Truro Cathedral (completed 1910), the Hall for Cornwall and Cornwall's High Court of Justice, Courts of Justice. Toponymy Truro's name may derive from the Cornish language, Cornish ''tri-veru'' meaning "three rivers", but authorities such as the ''Oxford Dictionary of English Place Names'' have doubts about the "tru" meaning "three". An expert on Cornish place-names, Oliver Padel, in ''A Popular Dictionary of Cornish Place-names'', calle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retailing In The United Kingdom
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or company, enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a Market (economics), market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic Competition (economics), competition to produce the good (economics), good or Service (economics), service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Criticism Of Tesco
Criticism has been directed at Tesco from various groups, including national organisations, trade bodies, individuals, consumer groups and watchdogs, particularly since the early 2000s. Criticism of Tesco and related litigation As with any large corporation, the Tesco supermarket chain is involved in litigation, usually from claims of personal injury from customers, claims of unfair dismissal from staff, and other commercial matters. Two notable cases were ''Ward v Tesco Stores Ltd'', which set a precedent in so-called 'trip and slip' injury claims against retailers, and ''Tesco Supermarkets Ltd v Nattrass'', which reached the House of Lords and became a leading case regarding the corporate liability of businesses for failures of their store managers (in a case of misleading advertising). Criticism of Tesco includes disapproval of the effects supermarket chains can have on farmers, suppliers and smaller competitors; along with claims of generally poor labour relations with its s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sainsbury's
J Sainsbury plc, trading as Sainsbury's, is the second largest chain of supermarkets in the United Kingdom, with a 14.6% share of UK supermarket sales. Founded in 1869 by John James Sainsbury with a shop in Drury Lane, London, the company was the largest UK retailer of groceries for most of the 20th century. In 1995, Tesco became the market leader when it overtook Sainsbury's, which has since been ranked second or third: it was overtaken by Asda from 2003 to 2014, and again in 2019. In 2018, a planned merger with Asda was blocked by the Competition and Markets Authority over concerns of increased prices for consumers. The holding company, J Sainsbury plc, is split into three divisions: Sainsbury's Supermarkets Ltd ( including convenience shops), Sainsbury's Bank, and Argos. As of 2021, the largest overall shareholder is the sovereign wealth fund of Qatar, the Qatar Investment Authority, which holds 14.99% of the company. It is listed on the London Stock Exchange and is a cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waitrose
Waitrose & Partners (formally Waitrose Limited) is a brand of British supermarkets, founded in 1904 as Waite, Rose & Taylor, later shortened to Waitrose. It was acquired in 1937 by employee-owned retailer John Lewis Partnership, which still sells groceries under the brand. Its head offices are located in Bracknell and Victoria, England. Waitrose & Partners has 332 shops across the United Kingdom, including 65 "little Waitrose" convenience shops, and a 5.1% share of the grocery market, making the company the twelfth-largest retailer of groceries in the UK. They also export products to 52 countries and have locations in the Middle East. The chain has been described by ''The Daily Telegraph'' and ''The Guardian'' as having an "upmarket" reputation, although former managing director Mark Price suggested prices are competitive to Tesco, a mid-market chain. The company also had a royal warrant to supply groceries, wine, and spirits to Queen Elizabeth II and, as of 1 January 2011 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morrisons
Wm Morrison Supermarkets, trading as Morrisons, is the fifth largest supermarket chain in the United Kingdom. As of 2021, the company had 497 supermarkets across England, Wales and Scotland, as well as one in Gibraltar. The company is headquartered in Bradford, England. Founded in 1899 by William Morrison, hence the abbreviation Wm Morrison, it began as an egg and butter stall in Rawson Market, Bradford, England. Until 2004, Morrisons store locations were focused primarily in the North of England but, with the takeover of Safeway in that year, the company's presence increased significantly in the South of England, Wales and Scotland. As of February 2021, Morrisons employed 110,000 employees and served around 11 million customers each week. The company was listed on the London Stock Exchange until it was acquired by Clayton, Dubilier & Rice in October 2021. Morrisons' UK market share in September 2022 was 9.1% – behind Tesco (26.9%), Sainsbury's (14.6%), Asda (14.1%) an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asda
Asda Stores Ltd. () (often styled as ASDA) is a British supermarket chain. It is headquartered in Leeds, England. The company was founded in 1949 when the Asquith family merged their retail business with the Associated Dairies company of Yorkshire. It expanded into Southern England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI Group. It sold these acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by Walmart for £6.7 billion. Asda was the second-largest supermarket chain in the United Kingdom between 2003 and 2014 by market share, at which point it fell into third place. Besides its core supermarkets, the company also offers assistance for insurance and payment services and a mobile phone provider. In February 2021, the Issa brothers (Mohsin and Zuber) and TDR Capital acquired Asda. Walmart retains "an equi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Worcester, England
Worcester ( ) is a cathedral city in Worcestershire, England, of which it is the county town. It is south-west of Birmingham, north-west of London, north of Gloucester and north-east of Hereford. The population was 103,872 in the 2021 Census. The River Severn flanks the western side of the city centre. It is overlooked by Worcester Cathedral. Worcester is the home of Royal Worcester, Royal Worcester Porcelain, composer Edward Elgar, Lea & Perrins, makers of traditional Worcestershire sauce, the University of Worcester, and ''Berrow's Worcester Journal'', claimed as the world's oldest newspaper. The Battle of Worcester in 1651 was the final battle of the English Civil War, during which Oliver Cromwell's New Model Army defeated Charles II of England, King Charles II's Cavalier, Royalists. History Early history The trade route past Worcester, later part of the Roman roads in Britain, Roman Ryknild Street, dates from Neolithic times. It commanded a ford crossing over the Rive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southall
Southall () is a large suburban county of West London, England, part of the London Borough of Ealing and is one of its seven major towns. It is situated west of Charing Cross and had a population of 69,857 as of 2011. It is generally divided in three parts: the mostly residential area around Lady Margaret Road (Dormers Wells); the main commercial centre at High Street and Southall Broadway (part of the greater Uxbridge Road); and Old Southall/Southall Green to the south consisting of Southall railway station, industries and Norwood Green bounded by the M4. It was historically a municipal borough of Middlesex administered from Southall Town Hall until 1965. Southall is located on the Grand Union Canal (formerly the Grand Junction Canal) which first linked London with the rest of the growing canal system. It was one of the last canals to carry significant commercial traffic (through the 1950s) and is still open to traffic and is used by pleasure craft. The canal separates it f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tesco
Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It has shops in Ireland, the United Kingdom, the Czech Republic, Hungary and Slovakia. It is the market leader of groceries in the UK (where it has a market share of around 28.4%). Tesco has expanded globally since the early 1990s, with operations in 11 other countries in the world. The company pulled out of the US in 2013, but continues to see growth elsewhere. Since the 1960s, Tesco has diversified into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol, software, financial services, telecoms and internet services. In the 1990s, Tesco re-positioned itself from being a downmarket high-volume low-cost retailer, attempting to attract a range of social groups with its low-cost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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