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Topic: Business
Number of pages / Number of words: 4 / 893
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Tesco

Tesco was founded by Jack Cohen in 1919 as a little stall in East London selling foodstuffs. The first line of Cohen brand goods placed on the market was Tesco tea. ... The first Tesco store was opened in 1929 in Burnt Oak, Edgware.

In 1947 Tesco Stores (Holdings) Ltd was floated on the Stock Exchange, with a share price of 25p...


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Tesco competed by offering low prices to customer, which it achieved buying in bulk and keeping costs down. Since 1998, Tesco Stores has been the biggest trade network in England, Scotland and Wales. In Great Britain, where Tesco owns over 700 stores and department stores, an average commercial unit offers about 40 000 sales lines from food to CDs, clothes, books, garden furniture, and toys...


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