Tesco’s History:
Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years our business has grown and we now operate in 12 countries around the world, employ over 530,000 people and serve tens of millions of customers every week. We have always been committed to providing the best shopping experience. Today we continue to focus on doing the right thing for our customers, colleagues and the communities we serve.
Jack Cohen is the main founder of Tesco. He started this business from a stall in the East End of London in 1919. He left the Royal Flying Corp at the end of the Great War and used his money to buy the first day's stock. The first own-brand product sold by Jack was Tesco Tea - before the company was called Tesco. The name “Tesco” comes from the initials of TE Stock well, who was a partner in the firm of tea suppliers, and CO from Jack's surname. After the great popularity of Tesco in couple of years, the company bought 19 Bernard’s stores between 1955 and 1960 over 500 new stores were purchased. With the passage of time it spread in other different countries as a finest way of shopping. As one of the world’s largest retailers with over 500,000 colleagues in 12 countries, serve millions of customers a week in stores and online. Tesco not just a grocery store. It is a multichannel retailer, offering their customers a range of products and services to suit their needs. From Tesco Bank to Tesco Mobile to their blink box video-on-demand service.