Business Strategy

One of the constituents of FTSE 100, Tesco is the global merchandise and grocery retail company. In respect of profit Tesco is considered to be the second largest retailer after Wal-Mart and by revenue it is the third largest after Wal-Mart and Carrefour. Tesco have its presence in over 14 countries including Asia, North America and also at Europe. Tesco headquarter is located at Hertfordshire and is the leading grocery market leader at UK capturing 30 of the total market share. Apart from the core business areas the company is also located at Ireland, Malaysia and Thailand. Worldwide Tesco operates in over 2318 stores with 1878 stores located at UK only. With the success of self-service store of grocery Tesco was born from the amalgamation of Cohen and T.E. Stockwell. After a strong