Tesco is a large public retail company founded in 1919 in London. It operates 6,351 stores worldwide across several countries and has over 519,671 employees. Some key facts:
- Tesco is the 3rd largest retailer globally and was the 2nd largest in terms of profits.
- It has expanded significantly over time through acquisitions and launching new store formats and services.
- In recent years Tesco faced challenges including a major accounting scandal and losing market share in the UK.
- Currently Tesco is focused on improving its UK operations and growing its business internationally through new store openings.