Tesco 2010 Annual Report Download - page 7
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Overview
48% of our space is less than
five years old.
Our flexible range of formats helps us
to adapt our approach to local customers –
wherever they are – from Extra hypermarkets
to Express convenience stores.
We’ve learnt how to be ‘local’; in South Korea,
our largest international business, we have
over 22,000 employees and just six
UK expats.
Customers expect to be able to shop where
and when they want – as well as having great
stores we’re the most profitable online
grocery retailer in the world.
We’re starting to unlock the benefits
of being a global Group:
• Global sourcing volumes have grown
threefold in six years
• Clubcard is now in seven countries
• F&F clothing is in ten countries
• Group shared services centre
in Bangalore.
Tesco PLC Annual Report and Financial Statements 2010 5
cade
No. 1
48%
Local
Global
Multi-format