Tesco- Nature of Business, Ownership, Structure, Services & Markets
BUSINESS
Tesco is one of the world's leading international retailers. The company first used the trading name Tesco, in 1929, it has since expanded from food retailing to different markets and sectors like insurance, telecom, online services, clothing, consumer electronics, consumer financial services, fuel, budget software etc.
The principal activity of the Tesco group is food retailing and it has over 2,500 stores worldwide.
Year of
entry Number of
stores Sales area
(million sq ft) Planned store
openings
2006/07
(inc acquisitions)
UK 1,897 25.9 124
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Czech Republic 1996 35 2.5 50
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Hungary 1994 87 4.3 22
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Poland 1995 105 4.8 39
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Rep. of Ireland 1997 91 2.1 8
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Slovakia 1996 37 2.3 12......
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