Whatever you may think of battle-weary Tesco's (LSE: TSCO) long-term investors - may it be brave, visionary, or indeed foolish - there's one quality that undoubtedly sums them up, and that's resilient.
The heyday of Tesco (LSE: TSCO) was in the noughties. With chief executive Sir Terry Leahy at the helm, the Tesco juggernaut rolled on from year to year, making multi-billion pound profits and dominating grocery retail in the UK.
The supermarkets have put in a strong performance so far this year. The FTSE 100 has struggled to make any headway, but Tesco(LSE: TSCO), Sainsbury's (LSE: SBRY) and Morrisons(LSE: MRW) have soared higher by 25%, 14% and 29%, respectively.