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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.
  • 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

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Industry:

Research and Markets

Release Versions
English

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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