Friday, 5 June 2015

Tesco Background

according to http://www.bloomberg.com/ and http://www.tescoplc.com/

Tesco Stores (Malaysia) Sdn Bhd owns and operates hypermarkets in Malaysia. It offers fresh produce, groceries, household items, and apparel; and its own food and non-food products. The company was founded in 2001 and is based in Kuala Lumpur, Malaysia with stores in Malacca, Klang, Purchong, Mutiara Damansara, Sungai Petani, Penang, Ipoh, Shah Alam, Kajang, Banting, Ampang, and Seri Alam. Tesco Stores (Malaysia) Sdn Bhd operates as a subsidiary of Tesco PLC.

Our physical presence in Malaysia comes through a network of over 50 hypermarkets, which are serviced by two state of the art distribution centres in Selangor.
Since the launch of the business in 2002, we've opened many stores across Peninsular Malaysia and we recently opened two new stores. In total, our stores in Malaysia have a combined floor space of over 4 million square feet.
With the influence of the internet increasing, two thirds of Malaysians have access to the internet. Following the launch of grocery home shopping in 2013, we grew our grocery home shopping business in its first year of operation in the country.
We offer a wide range of 4,000 own brand products – 90% of which are sourced in Malaysia. They include Tesco Value, Choice and Finest, as well as specialist ranges such as a Lighter Choices.

Level 3
No.3, Jalan 7A/62A
Bandar Menjalara
Kuala Lumpur,  52200
Malaysia
Founded in 2001
Phone:
60 3 6287 6000
Fax:
60 3 7726 9628


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