[WORLDKINGS] World Best Academy – Tesco (United Kingdom): The best-selling brand of ready meals in Great Britain

25-05-2020

(WorldKings.org) According to statista, Tesco is the best-selling brand of frozen ready meals in Great Britain, estimated five million consumers from 2016 to 2018.

 

 

Tesco plc, trading as Tesco, is a British multinational groceries and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom.

 

 

It is the third-largest retailer in the world measured by gross revenues and the ninth-largest retailer in the world measured by revenues. It has shops in seven countries across Asia and Europe, and is the market leader of groceries in the UK (where it has a market share of around 28.4%), Ireland, Hungary and Thailand.

 

 

Tesco 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 shop opened in 1931 in Burnt Oak, Barnet.

His business expanded rapidly, and by 1939 he had over 100 Tesco shops across the country.

 

 

 

Since the 1960s, Tesco has diversified into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol, software, financial services, telecoms and internet services.

 

 

In the 1990s Tesco repositioned itself from being a down-market high-volume low-cost retailer, to one designed to attract a range of social groups by offering products ranging from low-cost "Tesco Value" items (launched 1993) to its "Tesco Finest" range.

According to statista, Tesco is the best-selling brand of frozen ready meals in Great Britain, estimated five million consumers from 2016 to 2018.

 

 

According to Statista and en.wikipedia


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