Tesco plc is a leading multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, Hertfordshire, United Kingdom. Established in 1919 by Jack Cohen, the company has grown to become one of the world’s largest retailers, offering a wide range of food and non-food products through various store formats. Tesco’s core business activities include the operation of convenience stores, large hypermarkets, and online grocery services, all designed to meet diverse consumer needs.
The company’s product portfolio spans fresh and packaged foods, household goods, electronics, clothing under its F&F brand, and health and beauty items. In addition to retailing, Tesco provides financial services via Tesco Bank, which offers insurance, credit cards, loans, savings accounts and foreign exchange services. Tesco Mobile, a joint venture with Telefónica, delivers mobile telephony and data plans under the Tesco brand, while Dunnhumby, a data analytics subsidiary, supports personalized marketing through the Clubcard loyalty programme.
Tesco operates primarily in the United Kingdom and Ireland, with additional operations in Central Europe and Asia, including the Czech Republic, Hungary, Poland, Thailand and Malaysia. The company’s embrace of e-commerce and digital solutions has accelerated growth in online grocery shopping, supported by its network of distribution centres and home delivery services. In recent years, Tesco has invested in supply-chain automation and sustainable sourcing to strengthen its market position and reduce environmental impact.
Under the leadership of Chief Executive Officer Ken Murphy, who assumed the role in October 2020, Tesco continues to focus on customer value, operational efficiency and digital innovation. The board is chaired by John Allan, and together the leadership team seeks to balance tradition in retailing with modern approaches to technology, sustainability and community engagement.
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