Tesco PLC (TSCON)

Profile

https://www.tescoplc.com

Tesco PLC is a British multinational groceries and general merchandise retailer, founded in 1919 by Jack Cohen as a market stall and now headquartered in Welwyn Garden City, United Kingdom. As the UK's leading grocery retailer with around 28.5% market share, it operates over 4,250 stores including hypermarkets, supermarkets, superstores, and convenience outlets, alongside a robust online marketplace that ranks among the world's most visited grocery sites. Tesco PLC pioneered the self-service supermarket model in Britain in 1947 and has diversified into non-food categories like clothing via its F&F brand, electronics, books, toys, furniture, and petrol stations, while offering financial services through Tesco Bank, telecommunications with Tesco Mobile, and own-label ranges from budget Tesco Value to premium Tesco Finest. Committed to its 'stack 'em high, sell 'em low' ethos, the company serves shoppers across social groups with affordable, broad assortments, maintaining a pivotal role in the global retail sector through innovation in loyalty programs like the Clubcard and adaptation to e-commerce and sustainability trends.