Below are Tesco's weaknesses

[sumonasumonakha.t]

Tesco Weaknesses


Over-reliance on the UK market : Tesco’s revenues are heavily dependent on the UK market. In 2021, 91% of Tesco’s revenues came from the UK. This makes the company vulnerable to changes in the UK economy, such as the Brexit referendum. If the UK economy were to enter a recession, Tesco’s revenues would likely fall;
Price competition : Tesco faces stiff competition from discount retailers such as Aldi and Lidl. armenia phone number data These retailers are able to offer lower prices because they operate with negligible overheads. This has put pressure on Tesco's profit margins. In order to compete with these discount retailers, Tesco may have to lower its prices, which could further reduce its profit margins;
Food quality scandals : Tesco has been involved in several food quality scandals, such as the horse meat scandal in 2013. These scandals have damaged the company's reputation and led to a loss of customers. In order to regain the trust of its customers, Tesco must ensure that its food is of the highest quality;
Slow adoption of new technologies : Tesco has been slow to adopt new technologies, such as online shopping. This has put the company at a disadvantage compared to its competitors, who are more successful in the online market. In order to compete with these competitors, Tesco needs to invest in new technologies and improve its online presence.