2020 Analysis on the COVID-19 Impact on Tesco - ResearchAndMarkets.com
2020 Analysis on the COVID-19 Impact on Tesco - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Tesco: Coronavirus (COVID-19) Company impact" company profile has been added to ResearchAndMarkets.com's offering.
The coronavirus (COVID-19) company impact report analyses how the pandemic will impact Tesco's performance.
Tesco is forecast to experience a positive impact to its 2020 sales due to the effects of COVID-19 with increased demand for food & grocery globally as consumers stay at home, resulting in a sales increase of 9.2% on 2020 vs 2019.
To cope with swelled demand for online grocery, Tesco has mobilised its logistic network in the UK and increased the number of delivery slots it offers.
Scope
- Tesco has a large presence in West Europe (accounting for 78.4% of sales in 2019) and the severe impact of COVID-19 in this region causing stockpiling early on, has driven sales for the grocer.
- Tesco is delivering online shopping using plastic bags as this shortens the time needed to deliver an order, thus reducing the risk of infection.
- Tesco's performance will be similar to its rivals, with all supermarket chains benefiting from the rise in demand for food & groceries.
Reasons to Buy
- Use our revised 2020 forecast for Tesco to understand how the COVID-19 pandemic will impact its performance this year.
- Use our charts to review how Tesco's sales are split by region globally and how these regions have been impacted by COVID-19.
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Use our in-depth analysis to review how Tesco has responded to COVID-19 and how this will affect its performance.
Key Topics Covered:
1. Executive Summary
- Tesco's exposure to COVID-19
- Tesco's operational responses to COVID-19
- Key findings
- Key conclusions
2. Geographic spread analysis - COVID 19 vs Tesco Group Sales
- Global & regional impact
- COVID-19 global impact score for Tesco versus competitors
3. Revised 2020 revenue forecast
- Brand sales by region vs regional impact levels
- Company reaction
- Online fulfillment
- Stricter hygiene measures
- Supporting the community
4. Appendix
- Methodology
Companies Mentioned
- Tesco
- Lidl
- Aldi
- Wal-Mart
- Carrefour
- The Kroger Company
- SPAR International
- E. Leclerc
- Schwarz Beteiligungs
- Morrisons
- Groupe Auchan
- Sainsbury's
- Budgens
- F&F
- Londis
- Lotus Express
- Makro
-
One Stop
For more information about this company profile visit https://www.researchandmarkets.com/r/bak2vd
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