A Tesco PLC articulated lorry travelling along the Kingsway West Dual Carriageway in Dundee, UK


Tesco PLC is a British multinational grocery and general merchandise retailer in United Kingdom. It is the third largest retailer in the world measured by profits and second-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, the Republic of 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 1929 in Burnt Oak, Barnet. His business expanded rapidly, and by 1939 he had over 100 Tesco stores across the country. Originally a UK focused grocery retailer, since the early 1990`s Tesco has increasingly diversified geographically and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and software; financial services; telecoms and internet services. The 1990`s saw Tesco reposition itself, from its perception as a downmarket "pile 'em high, sell 'em cheap" retailer, to one which appeals across a wide social group, from its Tesco Value (launched 1993 to its Tesco Finest ranges. This was successful, and saw the chain grow from 500 stores in the mid-1990s to 2,500 stores fifteen years later.


Size: 3823px × 2549px
Location: Dundee, Angus, Tayside, Scotland, United Kingdom
Photo credit: © Dundee Photographics / Alamy / Afripics
License: Licensed
Model Released: No

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