Tesco's sales worldwide 2016/17-2023/24, by region
In the latest period on record, Tesco's UK and Republic of Ireland revenue amounted to around 62.88 billion British pounds. Central Europe revenue came to approximately 4.5 billion British pounds.
The multinational-operating grocery and general merchandise retailer Tesco PLC was founded in 1919 by Jack Cohen (1898-1979). The product portfolio includes food and beverages, clothing, home appliances, and financial services. Tesco is one of the leading supermarket brands in the United Kingdom (UK), consistently ranking highest in terms of grocery market share. The company is headquartered in Hertfordshire, United Kingdom and employs roughly 367,000 people worldwide.
Tesco operates approximately 5,000 stores around the world. In the UK, they provide about six different store formats to their customers which vary in size and range of products. Tesco Superstores, for example, are standard large supermarkets, selling mostly food products and a much smaller range of non-food products in comparison to Extra stores.
Most of Tesco’s annual revenue is generated from its key market: the United Kingdom. Additionally, they sell products in stores located in other European countries. In 2020, the group sold its Asian business.
