Listopedia

Tesco PLC

Largest British retailer, with stores in the UK, Ireland and central Europe

Overview

Tesco is a grocery retailer with stores across the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary and Slovakia, selling food, household goods, furniture and clothing in large stores, convenience stores and online.[2] It is headquartered in Welwyn Garden City and Forbes gives 1947 as its founding year.[2] Forbes records sales of US$98.5bn, 10.6% higher than the prior-year figure in dollar terms, which moved Tesco from eleventh to tenth, ahead of Carrefour.[2] Profit was US$2.4bn and Forbes counts 342,303 employees.[2] Tesco is the larger of the two British companies in the ranking; J Sainsbury is twenty-second.

Tesco PLC strengths and limitations

Strengths

  • Largest UK retailer
  • Moved up to tenth place
  • Large convenience and online operations

Limitations

  • Profit margin 2.4%
  • Dollar figures move with sterling
  • Limited international footprint

Appears in

Tesco PLC peers and competitors

Companies ranked in the same lists as Tesco PLC.

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