Tuesday, March 17, 2009

Getting good deals at TESCO!!

Usually saturday/sunday we like to get the grocery for the week or couple of weeks if possible. Last saturday we noticed lot of offers by Tesco and decided to go for shopping at this place at the Puchong outlet.

Tesco plc is a British-based international grocery and general merchandising retail chain. It is the largest British retailer by both global sales and domestic market share with profits exceeding £2 billion. In 2008, Tesco became the world's fourth largest retailer, the first movement among the top five since 2003. Originally specialising in food and drink, it has diversified into areas such as clothing, consumer electronics, financial services, telecoms, health and car insurance, dental plans, retailing and renting DVDs, CDs, music downloads, Internet services, and software.

Tesco opened its first store in Malaysia in May 2002. Tesco partnered with local conglomerate Sime Darby Berhad which holds 30% of the shares. Tesco also acquired Makro, a local wholesaler which was rebranded Tesco Extra and provides products for local retailers. Tesco Malaysia offers a value range, own branded range, electronic goods, the loyalty clubcard and clothing. On 31 January 2007, Tesco announced that it was purchasing Makro and converting and refurbishing all its stores to a new format called Tesco 'Extra'. 

Tesco offers Malaysians a complete one stop shopping for their needs - fresh food to groceries from household needs to apparel. Tesco carries a total of 86,000 lines of products including more than 1,300 Tesco branded items.

Tesco believes in working with local businesses, government, authorities and suppliers throughout their worldwide operations. This is also the same case for their operations in Malaysia. As part of Tesco - strategy of combining world class retailing approach with a local focus in Malaysia, Tesco believes in maximizing the benefits of local sourcing.

Among the key steps undertaken are:

  • Working with the Ministry of Domestic Trade and Consumer Affairs to develop the Supplier Guidelines Communication Pack for potential suppliers.

  • Organising seminars, workshops and proactively assisting SMEs on supplying to hypermarkets like Tesco.

  • Developing and assisting local suppliers to supply products under the Tesco brand to Tesco hypermarkets, locally and internationally.

  • Creating retail opportunities for local businesses through rental of retail areas such as shop lot, food court, temporary kiosks, etc.

  • Working with State Government, FAMA, a subsidiary of Ministry of Agriculture, to maximize local sourcing opportunities.

  • Creating opportunities for smaller businesses - allocating 30% of food court space for Bumiputra suppliers.
Don't forget to check the local newspaper for great deals at TESCO.... I could save RM 20 on my groceries which is almost 10% on the weekly budget - not bad isn't it.. 

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