Business Study Resources - Tesco

212 words (1 pages) Company Profile

28th Feb 2020 Company Profile Reference this

Tags: CompaniesTescoSupermarketBusinessBusiness Study Resources

Disclaimer: This work was produced by one of our expert writers, as a learning aid to help you with your studies. We also have a number of samples, each written to a specific grade, to illustrate the work delivered by our academic services.

Any opinions, findings, conclusions or recommendations expressed in this material are those of the author and do not necessarily reflect the views of BusinessTeacher.org.

Tesco PLC

Introduction

Tesco PLC is a British multinational grocery and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom. It is the third largest retailer in the world measured by profits and fifth-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia and Europe and is the grocery market leader in the UK (where it has a market share of around 28.4%), Ireland, Hungary, Malaysia and Thailand. Tesco was founded in 1919 by Jack Cohen as a group of market stalls. The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials with the first two letters of his surname, and the first Tesco store opened in 1931 (or 1929) in Burnt Oak, Barnet. His business expanded rapidly, and by 1939 he had over 100 Tesco stores across the country. Source: Wikipedia

Cite This Work

To export a reference to this article please select a referencing stye below:

Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.

Related Services

View all