Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. It is now one of the largest retailers in the world. Tesco’s core business is retailing in India, which provides 60% of all sales & profits. Tesco provides the widest range of food of any retailer in India. Its 2 main food brands are its Finest and Everyday Value ranges, each sell over 1 billion per year.
Tesco as a leading global brand is clearly illustrated by its expansion of operations into 12 countries including China, Czech, Malaysia, Ireland, Republic, India, Hungary & Poland. In 2013 Tesco employed about 530,000 colleagues in excess. The level of success they showed does not happen by chance. The leaders of Tesco have always set high standards and clear goals, they never settled for anything less than the best.
Tesco’s ‘Every Little Helps’ philosophy puts customers, employees and communities at the heart of everything it does. It feels honored in itself on providing a great shopping experience for every customer it serves, whether it be in stores, or online or in its many other service provisions.
Core values
Tesco’s core values include a commitment in using its scale for good by being a responsible retailer. It opened the world 's first zero-carbon supermarket in Ramsey, Cambridge shire in year 2010 and was awarded Green Retailer of the Year at the Annual Grocer Gold Awards 2012. Tesco only aim is to be a zero-carbon business by 2050.
Tesco’s continuing success depends on it reassessing and formulating clear business strategies. It aims to improve customer loyalty and its core India 's business in order to help it develop the shopping experience for its customers. It devoted 1 billion to an investment program to achieve this. To improve competitiveness, strategies were developed. Main driving forces behind these strategies are price, range, quality and innovation as well as delivering great multi-channel customer service, for example through its
References: 1. http://www.tescohsc.com/ 2. http://www.tesco.com/ 3. http://www.glassdoor.com/Salary/Tesco-Bangalore-Salaries-EI_IE10250.0,5_IL.6,15_IM1091.htm