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1 Tesco Express: History and Challenges of Convenience Forecasting James Harries Trading Stores

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Page 1: Tesco Express: History and Challenges of Convenience ...thesla.org/archivedevents2010/tesco_sept2010/tescoexpress.pdf · Tesco Express: History and Challenges of Convenience Forecasting

1

Tesco Express: History and Challenges of Convenience

Forecasting

James Harries

Trading Stores

Page 2: Tesco Express: History and Challenges of Convenience ...thesla.org/archivedevents2010/tesco_sept2010/tescoexpress.pdf · Tesco Express: History and Challenges of Convenience Forecasting

2

History Of Express

First Express opens

Today1994 2009

1,000th Express

opens

Over 1,130 Express

stores in the UK

First standalone

opens

2002 2003

Tesco acquires

OneStop (862)

[Source IGD]

Opened C.100

Alliance

2004

Acquire 45

Adminstores

2005

Acquire

21BP/Safeway

stores

Principles Of Express

Page 3: Tesco Express: History and Challenges of Convenience ...thesla.org/archivedevents2010/tesco_sept2010/tescoexpress.pdf · Tesco Express: History and Challenges of Convenience Forecasting

3

Methods Employed

Express Regression Model

Tu

rno

ve

r

Analogues

Page 4: Tesco Express: History and Challenges of Convenience ...thesla.org/archivedevents2010/tesco_sept2010/tescoexpress.pdf · Tesco Express: History and Challenges of Convenience Forecasting

4

Challenges Facing Express

Convenience Growth By Operator (Source IGD)

-100

0

100

200

300

400

500

600

06/07 07/08 08/09 09/10 10/11

Year

No

. S

tore

s M&S

Co-op

Sainsburys

Tesco

Questions?