Congratulations to the management and staff of Tescos. A truly amazing result producing a profit of £2bn last year!! That is what happens when you deliver what customers want. Success has come from offering a good range of products at very competivtive prices in locations convenient for their customers. Naturally the BBC are bemused by such customer focused success, claiming that Tescos stifle competition. They may well do, but customers voluntarily go to Tescos and spend their cash, unlike paying for the BBC.
Could Government ever run a supermarket as successfully as Tesco or would it have to stifle all competition? If Tesco allocated food and services to their customers without the benefit of customer choice, would they still be the number one retailer?
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