3. A Financial Analysis of Tesco 3.1. Specification of the Purpose of the Analysis The purpose of this analysis is to assist interested stakeholders to make sound decisions on investments, objectives and overall strategies with regards to the financial analysis. The data presented in this report even though is past may assist stakeholders to distinguish the operational strengths and weaknesses of Tesco as well as its financial soundness. 3.2. The Interested Stakeholders of the Analysis Report and
competition” (Fahy, 2012, p.5). Over recent years, Tesco has been extremely successful in this field. “It is the UK’s biggest retailer by sales and also the nation’s biggest private employer, with more than 330,000 staff” (Winterman, 2013) working in over 3100 stores (Holton, 2014). Pre-taxed profits are in the billions and it’s the world’s third largest supermarket group trading in twelve different countries (Winterman, 2013). According to ‘Retail Week’ Tesco has cornered most of the British market with