Tesco plc is a British multinational grocery and general merchandise retailer headquartered in Cheshunt, United Kingdom. It is the third-largest retailer in the world measured by revenues and the second-largest measured by profits . It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK , Malaysia, the Republic of Ireland and Thailand. The company was founded in 1919 by Jack Cohen as a group of market stalls. The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials... with the first two letters of his surname, and the first Tesco store opened in 1929 in Burnt Oak, Middlesex. His business expanded rapidly, and by 1939 he had over 100 Tesco stores across the country.
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| NASDAQ symbol: | TESO |
| Founded: | 1919 |
| Headquarters: | Waltham Cross, United Kingdom |
| Annual revenue: | $534,940,000 |
| Net income: | $52,910,000 |
| Operating income: | $75,690,000 |
| Employees: | 345,754 |
| Industries: | Retail, Supermarkets and Other Grocery (except Convenience) Stores |