Catchword: Tescopoly

Filed Under: English, United Kingdom, Business, Retail

Part of Speech: n.

Quotation: It was Tesco’s seeming ability to act with impunity that fuelled Simms’ determination to write a book exposing how the inexorable rise of supermarkets is bad for everyone—from poorly paid workers in the field, to small, independent shops fast going out of business, to the over-exploited natural environment. The result is Tescopoly. Although the book, published next week, does not confine its attack exclusively to the supermarket that grew from humble beginnings as a market stall in London’s East End to become a multinational company with a presence in almost every postcode in Britain, Tesco is singled out because of its sheer size and clout. It controls a third of the UK grocery market and has enough land and assets in the UK to further double in size.

Article or Document Title:
“Taking on Tesco” (URL)

Author:
Alison Benjamin

Article, Document, Publication, Web Site:
Guardian

Publishing Location:
United Kingdom

Date of Publication:
Mar. 21, 2007

This catchword has yet to be researched.