Tesco

INTRODUCTION TO TESCO

Tesco was formed by Sir Jack Cohen where he set up a grocery stool in the West end of London. The stool was set up by Jack using the gratuity he received from the army for his services in world war one. The Tesco name was first used on packets of tea(123helpme.com). The name Tesco was put together by using T.E.S from T.E.Stockwell who was a partner in the tea suppliers. C and O were taken from Jacks surname Cohen, thus the name Tesco was born. The first store opened in 1929 in a place called Burnt Oak, Edgware. The first stores to open were all small stores which had large quantities of products as Sir Jack’s vision was to buy big and sell cheap. At this time all the stores were a place where the shopping was done for the customer, where as in America the shopping experience was one of self-service for the customer. Sir Jack was not into the idea of making customers’s shop for themselves, but with Sainsbury's now offering the customer's self service Jack had little option. The first Tesco store to be changed into a self service was in St Albans1948.Today Tesco are now the biggest supermarket chain in Brittan and have also expanded into other foreign markets in the E.U. Also Tesco, having almost saturated the market with superstores, have now gone back to their routes by buying the small corner shop chain 'One stop’ and turning them into little Tesco expresses. The reason for this is to get the Tesco name into small Towns and Village's where 'One stop’ was and will stop Tesco customers from picking up their essentials from a competitor.

TESCO COMPNY STRUCTURE

The structure of Tesco is simple one apart from the fact that it has huge labour force under its belt. It has utilized the resources for the deliverance of Tesco are as following:

1. The company have found more efficient ways of completing a task or businessactivity.

2. The advancement in technology has allowed the company to take some of the more demanding tasks away from employees to...