Belfast Telegraph

Friday 1 August 2014

2. Tesco

Operations Director: Gary Mills

Employment Number: 8,787

Turnover: £1,250m (B.Telegraph est)

Pre-tax profit: n/a

Supermarket Tesco has been in Northern Ireland for almost 17 years, arriving here in 1997after buying Stewarts.

Tesco now employs just under 9,000 people in Northern Ireland in 51 locations, a figure that includes seven Extra stores, fourteen Express stores and two depots.

2012 saw a continuation of its £5 million refurbishment programme with substantial investment to refresh four stores in Bloomfields Centre at Bangor, Limavady, Lurgan and Ballymoney.

In addition to the refurbishment programme, it has recently invested £73 million in replacement stores under the larger Extra format at Craigavon, Newtownards and Northcott, plus three smaller format Tesco Express stores.

The revamps are part of a UK wide £1bn scheme and have been said by analysts to have helped produce a like-for-like sales increase of nearly 2% over the recent Christmas period.

Chief executive Philip Clarke visited Northern Ireland early this year and said the supermarket would double the amount of beef, chicken and pork it buys from Northern Ireland farms.

Tesco’s full year 2012/2013 results weren’t released until after this publication had gone to press but analysts reckoned the supermarket giant would manage to “recover its sparkle” after an underwhelming performance in the early part of the financial year.

Other significant investments by the supermarket giant this year include the purchase of restaurant chain Giraffe. The £48.5m deal will see the branches of the eatery open up at some Tesco stores in the future.

As a group it still remains the dominant player in the grocery market with £1 in every £7 spent in its stores.

Turnover in Northern Ireland is estimated by the Belfast Telegraph to have increased by £45m over the year while another 200 staff were added to the payroll.

Belfast-born operations director Gary Mills has responsibility for all stores across the island.

Contact

Abbey Retail Park,

Church Road,

Newtownabbey,

BT36 7GU

Tel: 028 9088 7200

www.tesco.com

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