Tesco sales growth year-on-year in Great Britain 2015-2022
A market leader under attack
Tesco’s is the biggest of the so called big four, a group of supermarkets including Sainsbury’s, Asda, and Morrisons that dominate the UK market. However, in September 2022, Aldi overtook Morrisons as the fourth largest supermarket in the UK; Tesco's position as market leader is currently under attack. In April of 2019, a merger, which would have cost the company the number one spot on the British grocery market, of Sainsbury’s and Asda failed.
Tesco in numbers
Tesco operates just over 4,000 stores in the UK. The company made a revenue of roughly 56.4 billion British pounds in the UK and Republic of Ireland in 2020/21, approximately 14 times the revenue that the company make in Central Europe.