10 Interesting Tesco Facts
Find out the interesting information about Tesco Facts in the following post below. It is a multinational grocery and general merchandise retailer. The base of this British company is located in Cheshunt, Herfortdshire, England. If you check Tesco based on its profit, it is enlisted as the third largest retailer in the world. If you look at it based on the revenues, it is called as the second largest retailer in the world. Here are some interesting facts about Tesco to note:
Tesco Facts 1: the stores
Tesco has various stores in Europe and Asia. You can find it in Thailand, Malaysia, Hungary and Ireland. The market share for Tesco is around 28.4 percent. The grocery market leader of Tesco is located in United Kingdom.
Tesco Facts 2: who established Tesco?
Jack Cohen was the founder of Tesco. He established it in 1919. In 1924, Cohen came up with the name Tesco to call it.
Tesco Facts 3: the growth of Tesco
In 1929, the first Tesco store was established in Burnt Oak, Barnet. Cohen had more than 100 Tesco stores by 1939 due to the rapid expansion on Tesco.
Tesco Facts 4: the divisions
There are various divisions in Tesco. At first, it was a grocery retailer. In the beginning of 1990s, there have been several divisions in Tesco which include financial service, petrol, toys, furniture, electronics, clothing, internet service, telecoms, books and software and many more.
Tesco Facts 5: the customers
At first, Tesco was famous as a low cost retailer. In 1990s, it began to revise the focus by selling different kinds of items which covered a wide range of social groups. You can see Tesco Finest range and Tesco Value items.
Tesco Facts 6: the successful development
The development of Tesco was very impressive. In the mid 1990s, it had 500 stores. 15 years later, there were 2,500 stores.
Tesco Facts 7: the formats of Tesco Stores
There are six formats of Tesco Stores. Each of them is differentiated based on the products and sizes of the stores. Check shopping facts here.
Tesco Facts 8: the Tesco Superstore
The standard large supermarkets are included as Tesco superstores. The stores which have the size around 11,000 square feet or 1,000 square meters are included as Tesco Metro stores. The location of Tesco Metro is near the train station at the city centers.
Tesco Facts 9: Tesco Express stores
Tesco Express stores are defined based on the average size of 2,200 square feet or 200 square meters. The products that you can find here include crisps, sweets, frizzy drinks, biscuits, chocolate, and processed food. You can find Tesco Express in the busy city centers. Get facts about Starbucks here.
Tesco Facts 10: the largest store
Tesco Extra in Walkden is considered as the largest store in England by floor space. It has the size 185,500 square feet or 17,230 square meter of floor space.
Are you impressed after reading facts about Tesco?