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Thursday 27 September 2012

Impact of Tesco on People's Lives


  

Tesco are such a big company that has a really big global presence so they must make some sort of impact on peoples lives for better or for worse. In this post I will investigate the impact that Tesco makes on people's lives in Ireland.

In 2007 Tesco spent €1.28 billion on Irish products and services. This goes into the Irish economy and makes up peoples salary. 50% of the food that is sold in Tesco in Ireland is produced in Ireland. This provides employment for Irish people in particular to the farmers.  Tesco's annual contribution to the Irish economy is about €2.7 billion.  Tesco change children's lives all across Ireland by having Tesco for school and club schemes.  They have invested almost €15 million into Irish schools to date. It is estimated that over half of all schools in Ireland have got free equipment from Tesco since 1997 when they entered Ireland. They directly employ over 14,000 people in Ireland and this is a huge benefit to the national and local economies.

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