Tesco PLC is a British multinational general and grocery merchandise having its headquarters in Chestnut, England, United Kingdom.
The company was formed as a group of market stalls by Jack Cohen in 1919. Since its beginning, Tesco has diversified itself and its product range to cover most of the products that are sold in the retail market now. This has helped Tesco create huge market stores which can leverage almost all the needs of a customer.
Tesco PLC ranks 62nd in the list of Fortune 500 group of companies. Tesco PLC holds over 7,800 stores under its belt including its franchisees globally. The Tesco operates its business in different retail formats i.e. Tesco Extra, Tesco Superstores, Tesco Metros, Tesco Express, One Stop, Tesco HomePlus and Dobbies. The company did a group trade profit of over 1.4 billion GBP. Tesco PLC is listed in the London Stock Exchange (LSE) and is a member of FTSE 100 Index. Tesco is the 28th largest company listed in the London Stock Exchange (LSE).
Tesco PLC has strength of over 500,000 employees who are well trained to know the intricacies of the processes they are involved in. The company has a focused code of conduct of keeping their employees and stakeholders safe and also protect the reputation of the business. They are very sensitive in helping its employees understand the core values and code of conduct of Tesco.
Tesco PLC believes in serving the Britain’s shoppers better every day. They focus on understanding customers and meet the needs of customers first and also act responsibly towards the community. This has made Tesco scale up their business considerably and also become one of the top players in the world of retail industry.