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.
Former Walgreens Boots Alliance executive Ken Murphy takes the reins at Tesco today following Dave Lewis’ departure. Retail Week looks back to our profile of the Irishman, first published shortly after Murphy was named as the grocer’s new boss last October.
The battle for the online food home-delivery market is entering the world of the surreal.
From the accounting scandal to Covid-19, Dave Lewis has steered Britain’s biggest grocer through some of the most turbulent times in its history – and left it thriving
Tesco and Morrisons have reinstated rationing of essential products amid fears that customers are starting to stockpile again.
Tesco’s departing chief executive Dave Lewis has called on companies and countries to tackle food waste, which currently counts for 8% of global greenhouse gas emissions.
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