Tesco plc is a British multinational retailer that operates supermarkets, convenience stores and online grocery services. Its product range includes food and household essentials, clothing, general merchandise, health and beauty products, and other everyday consumer goods. The company serves customers through large stores, smaller neighborhood formats and digital shopping channels.
Tesco also operates Booker, a wholesale business that supplies independent retailers, hospitality businesses and other organizations. Through its customer loyalty program, Clubcard, Tesco provides personalized offers and rewards across its retail operations. The company has also offered financial services in the United Kingdom through Tesco Bank, although the banking business has undergone strategic changes in recent years.
Founded in London in 1919 by Jack Cohen, Tesco expanded from market stalls into one of the United Kingdom’s largest retailers. In addition to its core U.K. operations, the company has a presence in Ireland and selected Central European markets, including the Czech Republic, Hungary and Slovakia. Tesco previously operated in several other international markets, including Thailand, Malaysia, China and the United States, but exited those businesses as part of a shift toward its core markets.
Tesco is led by Chief Executive Officer Ken Murphy, who assumed the role in 2020. The company’s operations are focused primarily on grocery retailing, supported by convenience stores, online fulfillment, wholesale distribution and related customer services.
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