The market share of the leading supermarkets in Great Britain (GB) has begun to shift from the traditional market leaders to discounters in recent years. However, Tesco and Sainsbury's have continually had the largest share over the period under consideration, holding **** percent of the market together as of July 2025. Prior to the popularity of the discounters, the grocery retail market was dominated by the 'big four' supermarkets: Tesco, Sainsbury's, Asda, and Morrisons. On the back of the post-Brexit uncertainty and growing inflation, consumer behavior has shifted in favor of cheaper alternatives such as Aldi and Lidl. In September 2022, Aldi took over fourth place in the grocery store ranking from Morrisons for the first time. In April 2023, Aldi's market share reached double digits for the first time. In July 2025, this figure stood at **** percent.

This statistic displays the distribution of the grocery market among leading grocery retailers in the United Kingdom (UK) from 2011 to 2015. Tesco held the largest share at 25 percent in 2011, dropping by six percentage points to a 19 percent share of the grocery retail market by 2015. Prior to the popularity of the discounters, the grocery retail market was dominated by the 'big four' supermarkets: Tesco, Sainsbury's, Asda and Morrisons. On the back of the economic recession and growing inflation, however, consumer behavior has shifted in favor of cheaper alternatives and discount supermarkets. The resulting 'price wars' has led to supermarkets lowering their prices and the highest share of food volume sales on promotion in Europe. Crucially, this has caused increased volatility in the grocery retail market and, as of 2017, Aldi overtook the Co-operative to become the fifth largest supermarket in the UK according to data from Kantar Worldpanel.

In 2023, is was forecast that the grocery market in the United Kingdom would grow by around 6.1 percent. Growth hit an all-time high in 2020 at over eight percent and is forecast to decrease to 2.3 percent by 2026.

Market shares of grocery stores

As of August 2023, the four most important players on the grocery market were Tesco, Sainsbury’s, Asda, and Aldi. The market leader Tesco had a share of over a quarter of the market. Fifth-placed Morrisons was around 1.5 percent away from retaking fourth place from Aldi.

Sales channels

The most relevant grocery sales channels measured by generated monetary value are supermarkets and convenience stores. Discounters, a smaller channel in comparison, still surpassed online sales.

European supermarkets’ revenue is forecast to inch upwards at a compound annual rate of 0.6% over the five years through 2025 to reach €1.7 trillion. European supermarkets face intense price competition amid lingering cost pressures. Though EU food inflation stabilised at 2.7% in April 2025 according to Eurostat, consumer focus on value remains high. Discounters like Aldi and Lidl continue to gain share as shoppers seek lower prices. Supermarkets are investing heavily in price-matching schemes, though sustaining these is financially challenging. Tesco and Sainsbury’s have begun scaling back such initiatives, while Asda has abandoned its price match strategy. Private label growth is reshaping the sector, with sales reaching €352 billion in 2024, the Private Label Manufacturers Association (PLMA) notes. Retailers are diversifying these ranges to balance value, quality and margins. Smarter product mixes are emerging as retailers prioritise local sourcing and premium niches to build loyalty. Strategies like Sainsbury’s ‘Supporting British’ and Mercadona’s local sourcing model resonate with values-driven shoppers. Loyalty programmes have become a strategic pillar, offering personalisation and margin-friendly growth. Programmes like Tesco Clubcard and Carrefour+ drive retention and profitability beyond price wars. Finally, rising labour costs add further pressure. Recent minimum wage increases across Europe have prompted supermarkets to pursue automation, cost savings, and operational efficiencies to protect profitability in an evolving retail landscape. In 2025, revenue is expected to grow at 0.9%, while profit is expected to reach 5.2%, a minor drop from 5.6% in 2020, thanks to intense price competition. Over the five years through 2030, supermarkets’ revenue is slated to climb at a compound annual rate of 2.9% to €2 trillion. Private label growth remains a structural trend while health, convenience and on-the-go meals are driving new demand, particularly among younger shoppers. Supermarkets must diversify their ranges to capture this growth, blending value, quality and functionality. Convenience is also fuelling an ongoing channel shift. Online grocery sales remain, with consumers willing to pay premiums for faster delivery. Retailers are scaling up e-commerce, partnering with delivery apps and innovating store formats to meet demand for flexibility. Smaller urban stores, hybrid models and grocerants are gaining traction. Supermarkets are accelerating investment in automation and AI to boost efficiency and margins. Personalised loyalty schemes are driving customer retention, while automation in warehouses and stores enhances productivity. Trials in drone delivery and robotic shelf scanning signal further innovation. Consolidation and integration are key to navigating sustained margin pressure. Larger grocers are pursuing M&A and pan-European alliances to drive scale, while moving upstream into food production for resilience. Supermarkets that adapt rapidly – blending private labels, convenience, technology and scale – will outperform in Europe’s increasingly competitive grocery landscape.

This statistic represents the total market shares of top grocery retailers in the United Kingdom (UK) in 2016. Total market shares include offline and online shares. The leading company in groceries retail is Tesco with **** percent of the market share. The second place is held by Sainsbury's with **** percent, which is closely followed by Asda with **** percent. Chains like Aldi and Lidl which do not sell online, have less than ** percent of the market share.

In 2025, the value of the leading sales channels in grocery retailing came to approximately ***** billion British pounds (GBP) in the United Kingdom. Of the major sales channels, supermarkets had the largest share of the market value with over *** billion pounds. Supermarkets had more than twice as big a market value as the convenience channel, the second largest channel. By 2030, the value of grocery retailing is expected to increase to over *** billion British pounds. Where UK shoppers buy groceries Some ** percent of surveyed grocery shoppers stated that they regularly shopped at supermarkets in the UK. Online retailers ranked in second place, with*** percent. Market leader Tesco held just over *********** of the market share of all grocery stores in Great Britain in July 2025. Together with Sainsbury's, the two retailers had a combined market share of **** percent. Tesco operated roughly ***** stores in the United Kingdom and the Republic of Ireland in 2025. With this presence, the company regularly reached ** percent of shoppers according to a recent survey.

In its 2024/25 financial year, Tesco’s annual revenue amounted to more than **** billion British pounds in the United Kingdom and the Republic of Ireland. This was an increase of over **** billion pounds compared to the prior financial year. The company’s profit in the UK and the ROI increased and came to 2.74 billion in 2024/25. Tesco in profile Tesco PLC was the leading grocer on the UK market as of March 2025 and has been since the start of the millennium. The company, which originated in Hertfordshire, employed over 341,000 people worldwide in 2025. Founded in 1919 by Jack Cohen, the company generates most of its revenue on the UK market and operated in other European and Asian countries, before selling the Asian business in 2020. Developments in the grocery market As of March 2025, Tesco's market share of the grocery market in Great Britain amounted to **** percent. Tesco's market share has remained relatively stable over the survey period, fluctuating between ** and ** percent. The other companies from the so-called ‘big four’, Asda, Sainsbury’s and Morrisons have seen a decline of their market shares. Winners on the market were the German discounters Lidl and Aldi. Aldi recently took over ****** place in the grocery store ranking from Morrisons for the first time.

The United Kingdom's grocery retail landscape is poised for subtle shifts in the coming years, with supermarkets maintaining their dominant position. Projections indicate that supermarkets will hold onto approximately ** percent of the market share through 2030, while online channels are expected to grow to nearly ** percent. This forecast reflects the evolving preferences of British consumers and the ongoing competition among various retail formats. Market dynamics and consumer behavior The total value of the leading grocery retail channels in the UK is anticipated to reach over *** billion British pounds by 2030, up from ***** billion in 2025. Supermarkets are set to retain their leading position, with a market value exceeding *** billion pounds in 2025. Recent surveys show that 83 percent of grocery shoppers regularly visit supermarkets, while ** percent use online retailers. Tesco and Sainsbury's combined hold a substantial **** percent market share, with Tesco alone reaching ** percent of shoppers through its extensive network of stores. Rise of discounters and shifting market shares Discount and value brands have been gaining ground in the UK grocery market. In 2024, they accounted for 86 percent of new supermarket openings, though this figure decreased to ** percent by mid-2025. Aldi's rise to become one of the "Big Four" supermarkets, surpassing Morrisons, exemplifies this trend. As of July 2025, Aldi's market share reached **** percent, reflecting changing consumer preferences in response to economic uncertainties and inflation. Meanwhile, loyalty programs continue to play a significant role in food shopping behavior, with over three-quarters of consumers using Tesco's Clubcard, the most popular scheme in Great Britain.

Tesco.com topped the ranking of online grocery stores in the United Kingdom, generating an estimated 4.58 billion U.S. dollars in e-commerce net sales in 2024. Sainsburys.co.uk ranked second, with 3.8 billion U.S. dollars in online grocery sales. Online grocery market in the UK After skyrocketing into double-digit figures during the pandemic, the online share of food sales in the United Kingdom has stabilized post-pandemic. As of December 2024, approximately nine percent of all food retail sales were made online. Compared to the pandemic peak of 12 percent in January 2021, demand for online grocery in the UK has not waned and remained robust despite the return of in-store shopping. Online grocery shoppers In March 2024, a fifth of the UK population was purchasing food and drink online, a figure eight percentage points lower than the e-commerce penetration rate achieved at the height of the pandemic in March 2021. However, current penetration rates in the food and beverage e-commerce market are markedly higher than pre-pandemic. UK online shoppers were the most frequent buyers of fresh food and beverages online among their European counterparts in 2022.

In the 12 weeks ending on July 13, 2025, Tesco's sales grew by 7.1 percent, the highest figure since December 2023. Tesco experienced peak sales growth throughout the pandemic. In the 12 weeks ending in July 2020, sales grew by just over ** percent when compared to the same period in the previous year. Throughout 2020 and 2021, this growth dipped, even reaching a loss of *** percent in November 2021. During the second half of 2022 and 2023, growth picked up again. This coincided with periods of high inflation felt around the world. A market leader under attackTesco’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 numbersTesco operates just over ***** stores in the UK. The company made a revenue of roughly ***** billion British pounds in the UK and Republic of Ireland in 2023/24, approximately ** times the revenue that the company makes in Central Europe.

An empirical question of long-standing interest is how price promotions affect a brand’s sale shares in the fast-moving consumer-goods market. We investigated this question with concurrent promotions and sales records of specialty beer brands pooled over Tesco stores in the UK. Most brands were continuously promoted, rendering infeasible a conventional approach of establishing impact against an off-promotion sales baseline, and arguing in favor of a dynamics approach. Moreover, promotion/sales records were volatile without easily-discernable regularity. Past work conventionally attributed volatility to the impact of exogenous random shocks on stable markets, and reasoned that promotions have only an ephemeral impact on sales shares in stationary mean-reverting stochastic markets, or a persistent freely-wandering impact in nonstationary markets. We applied new empirical methods from the applied sciences to uncover an overlooked alternative: ‘systematic persistence’ in which promotional impacts evolve systematically in an endogenously-unstable market governed by deterministic-nonlinear dynamics. We reconstructed real-world market dynamics from the Tesco dataset, and detected deterministic-nonlinear market dynamics. We used reconstructed market dynamics to identify a complex network of systematic interactions between promotions and sales shares among competing brands, and quantified/characterized the dynamics of these interactions. For the majority of weeks in the study, we found that: (1) A brand’s promotions drove down own sales shares (a possibility recognized in the literature), but ‘cannibalized’ sales shares of competing brands (perhaps explaining why brands were promoted despite a negative marginal impact on own sales shares); and (2) Competitive interactions between brands owned by the same multinational brewery differed from those with outside brands. In particular, brands owned by the same brewery enjoyed a ‘mutually-beneficial’ relationship in which an incremental increase in the sales share of one marginally increased the sales share of the other. Alternatively, the sales shares of brands owned by different breweries preyed on each other’s market shares.

Discover the booming European Mobile Virtual Network Operator (MVNO) market, projected to reach €34.40 billion by 2025 and grow at a CAGR of 6.56% until 2033. This in-depth analysis reveals key drivers, trends, and challenges, highlighting leading players like Virgin Mobile and Lycamobile, across major European countries. Recent developments include: May 2024: Channel Islands (CI) Co-op signed a deal with telecom company Sure to roll out a new mobile service that will span across Jersey and Guernsey. As the premier retailer in the region, boasting 28 stores, CI Co-op aims to extend Sure's network access to its extensive membership. This collaboration will form 'Coop Mobile,' an MVNO by CI Co-op, delivering a tailored suite of mobile services, competitive pricing, and a diverse product lineup, all leveraging Sure's robust network infrastructure., February 2024: Hiya, a voice security provider, was chosen by Virgin Media O2, a major player in the UK telecommunications landscape. The collaboration included Hiya offering its AI-driven spam detection and branded calling solutions to Virgin Media O2 and its associated mobile virtual network operators (MVNOs), including Giffgaff. This move aimed to bolster Virgin Media O2's anti-fraud measures.. Key drivers for this market are: Increasing Mobile Network Subscribers and the Growing Penetration of Mobile Devices, Rising Demand for Efficient Cellular Networks owing to increasing Penetration of 5G Technology. Potential restraints include: Increasing Mobile Network Subscribers and the Growing Penetration of Mobile Devices, Rising Demand for Efficient Cellular Networks owing to increasing Penetration of 5G Technology. Notable trends are: Mobile Network Subscribers and the Penetration of Mobile Devices are Increasing.

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Fresh Cranberries Market 2024-2028

The fresh cranberries market size is projected to increase by USD 11.6 million at a CAGR of 5.09% between 2023 and 2028. The market is experiencing significant growth, driven by increasing consumer awareness of the health benefits associated with consuming fresh cranberries. These benefits include their high nutritional value, antioxidant properties, and potential role in preventing urinary tract infections. Additionally, the advent of smart packaging technologies is enabling longer shelf life and preserving the freshness of cranberries, making them more accessible to consumers. There is an increase in demand for dried cranberries due to factors such as increasing awareness about the nutritional benefits of the consumption of dried fruits, such as dried cranberries. For example, in July 2020, Walmart Canada announced its investment to improve its in-store and online shopping experiences and upgrade its distribution. Furthermore, the rising demand for dried cranberries as a popular snack and ingredient in various food and beverage applications is also fueling market growth. Overall, the market is poised for continued expansion due to these key trends and the growing consumer preference for healthy and wellness food options.

Market Overview

The Market shows an accelerated CAGR during the forecast period.

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Market Dynamics

Fresh Cranberries belong to the Subgenus oxycoccus of the Genus Vaccinium, within the family Ericaceae. The Vaccinium species, including Fresh Cranberries, are evergreen dwarf shrubs or trailing vines that produce edible berries. Fresh Cranberries are rich in Antioxidant properties and Anti-inflammatory properties due to the presence of Phytochemicals such as Citric acid and Benzoic acid. The Processing industries focus on producing Processed counterparts like Juices, Jams, Jellies, Sauces, Dried cranberries, Powders, Extracts, Cranberry poultices, Medicinal teas, Dyes, and more. Fresh Cranberries are typically harvested through Wet harvesting in Water filled bogs, maintaining their firm texture. The market for Fresh Cranberries and their Processed counterparts continues to grow due to their numerous health benefits. Growing investments in advanced agricultural technologies and sustainable farming practices are boosting the production of cranberries, known for their high antioxidant content and anti-inflammatory properties that support urinary tract health and combat urinary tract infections (UTIs).

Key Market Driver

One of the key factors driving the market growth is the growth of organized retail. The main factor that is fuelling the growth of organized retail is the rapid expansion of supermarkets, hypermarkets, and specialty stores.

Furthermore, some of the prominent retail stores including Walmart Inc. (Walmart) and Tesco PLC (Tesco) are rapidly expanding their retail stores regionally and globally to increase their market share. Furthermore, there is a potential opportunity for organized retail in developing economies due to factors such as increasing disposable income of people, rapidly increasing consumer spending, and the growth of the population. Hence, such factors are positively impacting the market which, in turn, will drive the market growth during the forecast period.

Significant Market Trends

A key factor shaping the market growth is the rising popularity of private-label fresh cranberries. The private labeling of fresh cranberries is a primary trend in the global market. Several prominent retailers globally are launching their own brands of fresh fruit products, such as fresh cranberries, due to the growing demand for fresh fruits from consumers.

For example, Tesco sells its own private-label fresh cranberries under the Tesco Cranberries 300G name. The main advantage of private labeling of fresh cranberries is that it significantly decreases the purchasing cost of consumers which is positively impacting the market. Hence, such factors are expected to drive market growth during the forecast period.

Major Market Challenge

Rising demand for dried cranberries is one of the key challenges hindering the market growth. Some of the main types of dried cranberries which has a strong demand include dried fruits in the form of snacks and cereals.

Moreover, there is an increasing demand for processed and dried fruits, such as dried cranberries from food manufacturing companies, such as confectionery manufacturers, bakeries, and dairy companies in order to manufacture their products. Furthermore, dried cranberries are mostly consumed as snacks due to their better preservation properties than fresh cranberries. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.

Market Segmentation

By Type

The increasing demand for the inorganic seg

In 2024/25, Tesco plc generated sales of over ** billion British pounds in the UK and Republic of Ireland. The company’s revenues amounted to ***** billion pounds in the same period. Tesco PLC in profile Tesco PLC is a multinational-operating grocery and general merchandise retailer. The company was founded in 1919 by Jack Cohen. The product portfolio includes food and beverages, clothing, home appliances, and financial services. Tesco is the leading supermarket brand in the United Kingdom, and the company has been leading in terms of grocery market share for years. The company is headquartered in Hertfordshire, United Kingdom, and employs roughly ******* people in the UK and the Republic of Ireland. Tesco operates over ***** stores in the UK and the RoI. The majority of Tesco’s annual revenue is generated from sales in its key market: the United Kingdom. Tesco in the UK market Based on market share, Tesco’s largest competitors are Sainsbury’s and Asda. However, in recent years, Aldi and Lidl have had a larger impact on the UK grocery market than any other supermarket chain. The discounters are the only companies that managed to expand their market shares notably in the past 5 years.

BackgroundIn response to public concerns and campaigns, some United Kingdom supermarkets have implemented policies to reduce less-healthy food at checkouts. We explored the effects of these policies on purchases of less-healthy foods commonly displayed at checkouts.Methods and findingsWe used a natural experimental design and two data sources providing complementary and unique information. We analysed data on purchases of small packages of common, less-healthy, checkout foods (sugary confectionary, chocolate, and potato crisps) from 2013 to 2017 from nine UK supermarkets (Aldi, Asda, Co-op, Lidl, M&S, Morrisons, Sainsbury’s, Tesco, and Waitrose). Six supermarkets implemented a checkout food policy between 2013 and 2017 and were considered intervention stores; the remainder were comparators.Firstly, we studied the longitudinal association between implementation of checkout policies and purchases taken home. We used data from a large (n ≈ 30,000) household purchase panel of food brought home to conduct controlled interrupted time series analyses of purchases of less-healthy common checkout foods from 12 months before to 12 months after implementation. We conducted separate analyses for each intervention supermarket, using others as comparators. We synthesised results across supermarkets using random effects meta-analyses. Implementation of a checkout food policy was associated with an immediate reduction in four-weekly purchases of common checkout foods of 157,000 (72,700–242,800) packages per percentage market share—equivalent to a 17.3% reduction. This decrease was sustained at 1 year with 185,100 (121,700–248,500) fewer packages purchased per 4 weeks per percentage market share—equivalent to a 15.5% reduction. The immediate, but not sustained, effect was robust to sensitivity analysis.Secondly, we studied the cross-sectional association between checkout food policies and purchases eaten without being taken home. We used data from a smaller (n ≈ 7,500) individual purchase panel of food bought and eaten ‘on the go’. We conducted cross-sectional analyses comparing purchases of common checkout foods in 2016–2017 from supermarkets with and without checkout food policies. There were 76.4% (95% confidence interval 48.6%–89.1%) fewer annual purchases of less-healthy common checkout foods from supermarkets with versus without checkout food policies.The main limitations of the study are that we do not know where in the store purchases were selected and cannot determine the effect of changes in purchases on consumption. Other interventions may also have been responsible for the results seen.ConclusionsThere is a potential impact of checkout food polices on purchases. Voluntary supermarket-led activities may have public health benefits.

In the 2024/25 financial year, Tesco’s like-for-like sales in the United Kingdom and the Republic of Ireland increased in every quarter. The first and fourth quarters of the financial year saw the biggest increase in sales at *** percent. Tesco’s overall revenue for the UK and ROI amounted to over **** billion British pounds in 2024/25. Like-for-like sales Like-for-like sales are also referred to as comparable store sales. The growth metric is adjusted so that it includes revenues generated in stores or by selling products with similar characteristics. Distinct differences that could skew the comparison. Tesco PLC is the leading UK grocery store (by market share). The company from Hertfordshire was founded in 1919 by Jack Cohen. Tesco’s stores Tesco is a multinational-operating grocery and general merchandise retailer and operates over ***** stores around the world. Of these outlets, about ***** can be found in the UK and ROI, which are operated by roughly ******* employees.

In 2025, the number of Tesco’s stores operating worldwide amounted to 5,040, excluding franchise stores. 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 roughly 341,000 people worldwide. Tesco stores in the UK A little more than 4,300 of the total stores are situated in the UK, where Tesco 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. 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.

Discover the booming European ready-to-eat food market! This analysis reveals key trends, growth drivers, and leading companies shaping the €XX million industry, projected to reach €XX million by 2033 with a 3.25% CAGR. Explore market segmentation, regional insights, and future opportunities in convenient foods. Recent developments include: April 2022: A platform for open innovation was launched by Nomad Foods in partnership with the international innovation network Innoget. It will be accessible to academics, subject matter experts, start-ups, and SMEs looking to form new collaborations from the ideation phase to product development and the eventual launch of new products in the market., February 2022: Nestle SA acquired a majority stake in Orgain, a plant-based nutrition expert that manufactures powders, snacks, etc. The main strategy behind Nestle SA's acquisition can be expanding its business by involving major nutrition-based food products that are organic in nature so that the company can meet the consumer's evolving preference for organic products. All the products in the portfolio are to be initially retailed across local Tesco stores in the United Kingdom., July 2021: Riviana Foods Inc., a business unit of Madrid, Spain-based Ebro Foods, launched Success Garden & Grains Blends, the first boil-in-bag product to combine rice with simple ingredients. Success Garden & Grains Blends are available in two varieties: white rice, black beans, corn, and bell peppers, and white rice, peas, carrot, and red bell peppers.. Notable trends are: Increasing Demand for Pre-cooked Meals.

In the United Kingdom, Sainsbury's, M&S Food, and Aldi were the most popular three supermarket chains in Q1 2025. Sainsbury's topped the ranking with 84 percent of respondents having a positive opinion of the food retailer. M&S Food and Aldi came in second and third places and were popular with 81 percent and 78 percent of those polled in this study, respectively. UK grocery market The entire UK grocery market was worth almost 227 billion British pounds in 2024, according to estimates. Market leader Tesco operated over 4,300 stores as of May 2025. In comparison, mixed retailer M&S operated close to 1,100 stores in the UK. Marks & Spencer as a grocery retailer M&S is a mixed retailer and sometimes not even included in statistics about the UK grocery market. When viewed as a grocery store, the company had a market share of slightly over three percent as of August 2021. Compared to other grocery and food retailers, M&S is only a minor player on the market. Since the first of September 2020, M&S grocery products can be ordered via the online grocery store Ocado.

In the latest period on record, Tesco's UK and Republic of Ireland revenue amounted to around ***** billion British pounds. Central Europe revenue came to approximately **** 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 ******* people worldwide.Tesco operates approximately ***** 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.