Between 2008 and 2020, the number of Tesco’s stores operating worldwide has risen from 3.751 to 7,005. 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 even financial services. Tesco is the leading supermarket brand in the United Kingdom (UK), consistently ranking highest in terms of grocery market share. The company is headquartered in Hertfordshire, United Kingdom and employs over 500 thousand people worldwide.
Tesco stores in the UK
Close to four thousand of the total seven thousand stores are situated in the UK, where Tesco’s provides six different store formats to their customers which varied in size and range of products. Tesco Superstores, for example, are standard large supermarkets that sell mostly food products and a much smaller range of non-food products in comparison to Extra stores.
The UK grocery market
Most of Tesco’s annual revenue was generated from its key market: The United Kingdom. Additionally, the company sold products in stores located in other European and Asian countries. Based on market share, Tesco’s largest rivals in the grocery store business included Asda and Sainsbury’s. The latest business figures showed that discount stores were gaining more and more market share as customer spending moved from traditional retailers to discounters, such as Lidl or Aldi.
Tesco's number of stores worldwide from 2008 to 2020
Number of stores at year end. Tesco's fiscal year 2013/2014 ended on February 22, 2014. * Restated to include Dobbies stores. ** Excludes Japan.
Data prior to 2012 were taken from previous editions of the publication.
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Tesco. (May 15, 2020). Tesco's number of stores worldwide from 2008 to 2020 [Graph]. In Statista. Retrieved October 25, 2020, from https://www.statista.com/statistics/238667/tesco-plc-number-of-outlets-worldwide/
Tesco. "Tesco's number of stores worldwide from 2008 to 2020." Chart. May 15, 2020. Statista. Accessed October 25, 2020. https://www.statista.com/statistics/238667/tesco-plc-number-of-outlets-worldwide/
Tesco. (2020). Tesco's number of stores worldwide from 2008 to 2020. Statista. Statista Inc.. Accessed: October 25, 2020. https://www.statista.com/statistics/238667/tesco-plc-number-of-outlets-worldwide/
Tesco. "Tesco's Number of Stores Worldwide from 2008 to 2020." Statista, Statista Inc., 15 May 2020, https://www.statista.com/statistics/238667/tesco-plc-number-of-outlets-worldwide/
Tesco, Tesco's number of stores worldwide from 2008 to 2020 Statista, https://www.statista.com/statistics/238667/tesco-plc-number-of-outlets-worldwide/ (last visited October 25, 2020)