TESCO in 2003

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Early History By the 1920s, Tesco's founder Sir Jack Cohen had already begun to set up high street grocery stores in and around London. The Tesco name was used for the first time in 1929 in Edgeware, London... Recent History In the early 1990s, price and value for money began to drive food retailing in the UK. Tesco recognized that it could not simply copy its main rival J Sainsbury, the then leading retailer in the UK Tesco also had to compete with the discounters that had begun to set up shop...

Tesco had tried to grow by serving various market segments through different store formats. These included the Smaller Compact (neighborhood supermarkets), Tesco Metro (city-center store), Tesco Express (petrol forecourt), Tesco Vin Plus Drinks Superstore and Tesco Extra (hypermarket)...

Tesco organized its products into categories. The selection was based on price, quality, service, innovation, the consumer's changing expectations and convenience, health and ethical issues. Tesco first began to diversify its assortment into non-food items through its 'Home 'n' Wear' collection but withdrew in the late 1980s, in favor of developing its fresh food range...

Until 1983, Tesco's suppliers delivered many of the products directly to stores. This type of delivery scheme later proved to be grossly inadequate as volumes increased. In addition, it did not facilitate standardization and quality control...

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