Tesco is Britain’s biggest retailer, operating businesses in the UK, Ireland, Europe and Asia. Founded as a group of market stalls by the legendary Sir Jack Cohen in 1919, the Tesco name first appeared five years later, after Cohen bought a shipment of tea from TE Stockwell. He merged those initials with the first two letters of his surname to come up with the now famous retail name. Tesco has grown to more than 3,000 stores in its core British market, operating across a number of concepts including its Extra hypermarkets, superstores and smaller Express and Metro convenience formats, as well as online via Tesco.com. In addition to its core grocery business, Tesco owns the F&F clothing label and homewares brands Fox & Ivy and Go Cook.
Tesco plans to open pop-up shops at NHS Nightingale sites across the UK to give healthcare workers easy access to food and essential household items.
Tesco has joined an alliance of businesses, including fulfilment specialist Yodel, to deliver meals to NHS staff on the front line of battling coronavirus.
As the demand for online grocery deliveries rocketed over the past few weeks, many supermarkets buckled under the pressure. Retail Week looks at whether the inability to meet demand will cause long-term damage to grocery ecommerce.
Retail always has been and always will be a people industry. People are the heart and soul of this sector and help make it such a vibrant and dynamic trade for us, as journalists, to have the pleasure of covering.
Tesco has launched a £30m support package to help communities and charitable causes during the coronavirus crisis.
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