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Topic: Business
Number of pages / Number of words: 11 / 2992
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Its initial success was based on the "Pile it high, sell it cheap" approach of the founder, Jack Cohen. The disadvantage of this was that the stores had a poor image with middle-class customers. In the late 1970s Tesco's brand image was so negative that consultants advised the company to change the name of its stores...


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In the late 1970s Tesco's brand image was so negative that consultants advised the company to change the name of its stores. It did not accept this advice, but instead modified it, and in 2005 emerged the largest retailer in the UK.

Tesco as a firm also has its competitors (swoT) and has maintained a closer watch at its external marketing audit, hence this consciousness has kept its strength (SwoT) going for ages now...


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