Tesco Town
Encyclopedia
Tesco Town is British slang
for an area where there is a dominant supermarket arguably stifling other competitors in the area.
The term Tesco Town comes from the name of the retailer Tesco
, but is used to describe any area dominated by one particular retailer.
In 2007, it was reported that in Inverness
, supermarket Tesco had a 51% share of the market for groceries in the city, the highest rate of penetration for any locality in the UK.
In April 2008, Tesco purchased a shopping centre in Kirkby
, Merseyside
for £65million which saw nearly all shops in Kirkby become tenants.
In October 2009 the Competition Commission
passed its proposal for a "competition test" on to the Department for Communities and Local Government
. The test would ban from adding more space in an area, which it says will improve choice for shoppers by making it easier for rival grocers to open.
Worthing, West Sussex has been described as a Tesco Town with 9 stores and the 10th on it's way this February. Theese include one the largest Tesco Extra Stores in the UK, 8 Express Stores and 1 Esso with Express.
Worcester
is also classed as a Tesco Town as they have 6 stores around the area including 2 Superstores, 3 Express and 1 Esso
Express stores.
Slang
Slang is the use of informal words and expressions that are not considered standard in the speaker's language or dialect but are considered more acceptable when used socially. Slang is often to be found in areas of the lexicon that refer to things considered taboo...
for an area where there is a dominant supermarket arguably stifling other competitors in the area.
The term Tesco Town comes from the name of the retailer Tesco
Tesco
Tesco plc is a global grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by revenues and the second-largest measured by profits...
, but is used to describe any area dominated by one particular retailer.
In 2007, it was reported that in Inverness
Inverness
Inverness is a city in the Scottish Highlands. It is the administrative centre for the Highland council area, and is regarded as the capital of the Highlands of Scotland...
, supermarket Tesco had a 51% share of the market for groceries in the city, the highest rate of penetration for any locality in the UK.
In April 2008, Tesco purchased a shopping centre in Kirkby
Kirkby
Kirkby is a town in the Metropolitan Borough of Knowsley in the metropolitan county of Merseyside in England. The town was developed from the 1950s through 1970s as a means to house the overspill of Liverpool. It is situated roughly north of Huyton, the administrative HQ of the borough and about...
, Merseyside
Merseyside
Merseyside is a metropolitan county in North West England, with a population of 1,365,900. It encompasses the metropolitan area centred on both banks of the lower reaches of the Mersey Estuary, and comprises five metropolitan boroughs: Knowsley, St Helens, Sefton, Wirral, and the city of Liverpool...
for £65million which saw nearly all shops in Kirkby become tenants.
In October 2009 the Competition Commission
Competition Commission
The Competition Commission is a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom...
passed its proposal for a "competition test" on to the Department for Communities and Local Government
Department for Communities and Local Government
The Department for Communities and Local Government is the UK Government department for communities and local government in England. It was established in May 2006 and is the successor to the Office of the Deputy Prime Minister, established in 2001...
. The test would ban from adding more space in an area, which it says will improve choice for shoppers by making it easier for rival grocers to open.
Worthing, West Sussex has been described as a Tesco Town with 9 stores and the 10th on it's way this February. Theese include one the largest Tesco Extra Stores in the UK, 8 Express Stores and 1 Esso with Express.
Worcester
Worcester
The City of Worcester, commonly known as Worcester, , is a city and county town of Worcestershire in the West Midlands of England. Worcester is situated some southwest of Birmingham and north of Gloucester, and has an approximate population of 94,000 people. The River Severn runs through the...
is also classed as a Tesco Town as they have 6 stores around the area including 2 Superstores, 3 Express and 1 Esso
Esso
Esso is an international trade name for ExxonMobil and its related companies. Pronounced , it is derived from the initials of the pre-1911 Standard Oil, and as such became the focus of much litigation and regulatory restriction in the United States. In 1972, it was largely replaced in the U.S. by...
Express stores.