What is Tesco's business focus and history?
Tesco PLC is a publicly traded company based in Welwyn Garden City, United Kingdom, founded in 1919 by Sir Jack Cohen. It operates as a multinational groceries and general merchandise retailer, offering a wide range of products and services including supermarkets, hypermarkets, convenience shops, financial services, and telecommunications. Tesco PLC has not raised any funding yet. The company has numerous active competitors, including several funded and some that have exited. Its top competitors include companies like Sainsbury's, Asda, and Morrisons.
Tesco Corporate Details & Core Services
Tesco PLC is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. Founded in 1919 by Sir Jack Cohen, it operates in multiple countries, offering a wide range of products and services including supermarkets, hypermarkets, convenience shops, financial services, and telecommunications.
Tesco Contact Information & Official Links
| Website | https://www.tesco.com |
| Social | |
| Phone number | +44 330 6780 639 |
| Head office address | Welwyn Garden City, Hertfordshire, United Kingdom |
| Tags | Supermarket Hypermarket Convenience shop Financial services Telecommunications |
What are Tesco's Key Business Metrics & Stats?
| No of employees | 330000 |
| Founded year | 1919 |
| Type | public |
| SAICS CODE | 5411 |
| NAICS Code | 445110 |
| Industry | Retail and Wholesale |
| Location | Welwyn Garden City, Hertfordshire, United Kingdom |
| Subsidiary Company | tescobank.com, tescomobile.com |
| Stock Name | TSCO (London Stock Exchange), TSCDY (OTC Markets) |
| Other website | tescoplc.com |
| Pricing Strategy | Competitive pricing strategies including price matching with discount retailers, Special deals and promotions during key shopping periods, Loyalty rewards through the Clubcard program offering personalized discounts |
How much funding has Tesco raised to date?
| Name | Description |
|---|---|
| Latest Valuation | 39.1 Billion (USD) |
What are Tesco's Core Products?
| Name | Description |
|---|---|
| Tesco Value | A budget-friendly range offering essential products at low prices. |
| Tesco Finest | A premium line featuring high-quality food and drink items. |
| F&F Clothing | Tesco's own brand of fashionable and affordable clothing for men, women, and children. |
| Tesco Mobile | A mobile virtual network operator providing competitive mobile phone services. |
| Tesco Bank | Offers a range of financial services including credit cards, loans, and insurance products. |
| Tesco Clubcard | A loyalty program rewarding customers with points for purchases, redeemable for discounts and offers. |
What are the latest developments at Tesco?
| Date | Type | Description |
|---|---|---|
| 02, 2026 | news | Tesco announces restructuring with 180 job cuts and creation of 250 new roles to adapt to changing shopping habits. |
| 10, 2025 | news | Tesco raises profit outlook to £2.9bn-£3.1bn amid strong sales growth and plans for 'strong deals' ahead of Christmas. |
| 04, 2025 | news | Tesco plans £500m in efficiency savings to offset increased operating costs and tax rises. |
What industry awards and recognitions has Tesco received?
| Date | Type | Description |
|---|---|---|
| 07, 2025 | award | Tesco named Britain's Favourite Supermarket for the 11th consecutive year at The Grocer Gold Awards 2025. |
| 03, 2025 | award | Tesco Business Solutions wins SSON Impact Award for World's Best Global Business Services 2025. |
| 05, 2025 | award | Tesco's Clubcard Challenges wins 'Best Global Loyalty Launch or Initiative' at the 2025 International Loyalty Awards. |
| 05, 2025 | award | Tesco Ireland secures 10 Monde Selection Awards for its 100% Irish beef range. |
| 10, 2025 | award | Tesco crowned MSC UK Supermarket of the Year at the MSC and ASC UK Awards 2025. |
| 06, 2025 | award | Tesco wins 'Retailer of the Year' at the Free From Food Awards 2025. |
Tesco VS Sainsbury's VS Asda VS Morrisons VS Aldi UK VS Lidl GB : 2026 Comparison
| Feature | Tesco | Sainsbury's | Asda | Morrisons | Aldi UK | Lidl GB |
|---|---|---|---|---|---|---|
| Core Strengths | Tesco Value, Tesco Finest, F&F Clothing, Tesco Mobile, Tesco Bank, Tesco Clubcard | Sainsbury's Functional Health Range, Sainsbury's 'Best of British' Range, Sainsbury's Cola | Asda Superstores, Asda Supercentres, Asda Express, George, Asda Living, Asda Mobile, Asda Money, Asda Rewards, Just Essentials by Asda | Applied Nutrition Food Range, Cook & Home Range, Morrisons Daily, Nutmeg Clothing, Food To Order | Cuthbert Cake, Ambiano Soup Maker, Ambiano Classic Stand Mixer, Tornado Cleaning Brush, Silentnight CBD Pillow | Fresh Fruit & Vegetables, Bakery Items, Meat & Poultry, Fish & Seafood, Chilled Foods, Frozen Foods, Food Cupboard Essentials, Wines & Spirits, Household Essentials, Non-Food Items |
| Founded Year | 1919 | 1869 | 1949 | 1899 | 1990 | 1994 |
| Stock Name/Ticker | TSCO (London Stock Exchange), TSCDY (OTC Markets) | SBRY (London Stock Exchange) | ||||
| Type | public | public | private | private | private | private |
| Global Employees | 330000 | 140000 | 145000 | 110000 | 50655 | 35000 |
| Revenue (Annual) | $89.1 Thousand(2025) | $41.3 Billion(2025) | $32.8 Billion(2024) | $15.8 Billion(2025) | $18.1 Billion(2024) | $15 Billion(2025) |
| Headquarters | Welwyn Garden City, Hertfordshire, United Kingdom | London, United Kingdom | Leeds, West Yorkshire, United Kingdom | Bradford, England, United Kingdom | Atherstone, Warwickshire, United Kingdom | Surbiton, United Kingdom |
| Latest Valuation | $39.1 Billion | $9.9 Billion |
What are Tesco's official legal and registration details?
| Name | Description |
|---|---|
| Legal Name | Tesco PLC |
| Cin number | |
| GST number | |
| Registration number |
Who is in Tesco's executive leadership team?
| Name | Designation |
|---|---|
| CEO | Ken Murphy |
| Chief Financial Officer | Imran Nawaz |
| Chief Operating Officer | James Glavey |
| Chief Technology Officer | Guus Dekkers |
| Group General Counsel | Kay Majid |
| Chief Communications & Sustainability Officer | Christine Heffernan |
| Chief People Officer | Emma Taylor |
| Chief Strategy, Commercial & Transformation Officer | Natasha Elizabeth Adams |
| Chief Executive Officer of UK | Ashwin Prasad |
| Managing Director of Tesco Convenience | Sarah Lawler |
Where are Tesco's primary office locations?
| City | Country |
|---|---|
| Dublin | Ireland |
| Prague | Czech Republic |
| Budapest | Hungary |
| Bratislava | Slovakia |
What are the current business signals and market intelligence for Tesco?
| Spending next 3 months | Introducing strong deals to attract customers during the Christmas season, Investing in price reductions to remain competitive amid an intensive price war |
| Pain points | Pressure on household budgets leading to demand for lower prices, Intense competition from other retailers necessitating continuous price adjustments |
| Sales motion | Offering competitive pricing through initiatives like the 'Aldi Price Match' campaign, Enhancing online shopping experiences with services like Tesco Whoosh for rapid delivery, Expanding product ranges to include premium lines such as 'Tesco Finest' |
| Buyer Persona | Value-driven shoppers looking for affordability, Convenience-focused customers preferring quick and easy shopping options, Quality-conscious individuals seeking premium products, Loyal Clubcard members benefiting from personalized offers, Digitally engaged shoppers utilizing online platforms for purchases |
| Type of customer | Middle-income families aged 30-55 with children, Budget-conscious shoppers seeking value, Affluent professionals interested in premium products, Business customers including caterers, restaurants, and independent convenience stores |
| Key customer domain | Retail consumers, Business-to-business (B2B) clients |
| Annual ACV | Not specified in the available sources |
What is Tesco's annual revenue history?
| Year | Revenue (USD) |
|---|---|
| 2025 | 89.1 Thousand |
| 2024 | 85.4 Thousand |
| 2023 | 79.8 Thousand |
| 2022 | 84.1 Thousand |
| 2021 | 75 Thousand |
What are Tesco's risk management and compliance ratings?
| GDPR RIsk | No |
| Privacy Risk | No |
| Company Ratings | 3.8 |
| Glassdoor Rating | 3.8 |
What are Tesco's business model and service classifications?
| Saas | No |
| Offline Stores | No |
| Service | No |
| Ecommerce | No |
| Exporter | No |
| Mobile App | No |
| Retail | No |
| B2B | No |
| B2C | No |
| Manufacturing | No |
| Wholesale | No |
| Importer | No |