Tesco plc is a British multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, England. The company serves customers through supermarkets, superstores, convenience stores and online grocery channels, offering food, household products, clothing, health and beauty items, and other general merchandise. Tesco also operates fuel stations and provides selected financial and mobile services through associated businesses and partnerships.
Tesco’s operations are concentrated in the United Kingdom and the Republic of Ireland, with additional stores in the Czech Republic, Hungary and Slovakia. The company also owns Booker Group, a major food wholesaler that supplies independent retailers, caterers and other businesses and operates retail brands including Booker, Premier, Londis and Budgens. Tesco’s Clubcard loyalty program is central to its customer-retention and personalized-offer strategy.
The business traces its origins to 1919, when Jack Cohen began selling groceries from a market stall in London. The first Tesco-branded store opened in 1929, and the company subsequently expanded into a nationwide supermarket and international retail group. Tesco is led by Chief Executive Officer Ken Murphy and Chairman Gerry Murphy.
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