Tesco Company Description
Tesco is proof of the good a little dressing up can do. The world's third-largest grocer runs some 2,100 supermarkets, supercenters, and convenience shops in the UK (where it's the #1 retailer), 1,600 stores in Ireland, Central Europe, and Asia, and Fresh & Easy stores in the US. Built on the "pile it high, sell it cheap" creed of founder Sir Jack Cohen, Tesco abandoned its discount format, with its down-market image, for a variety of dressier midmarket formats. Its operations include convenience and gasoline retailing (Tesco Express), small urban stores (Tesco Metro), superstores (Tesco Extra), and financial services (Tesco Personal Finance). Tesco.com is Britain's leading Internet delivery service.
View the Comprehensive Company Description for Tesco
The Company Description provides a historical perspective of Tesco's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Tesco's evolution in the marketplace.
