Entry & Expansion Strategy: Tesco in Japan
Case Code: BSTR297 Case Length: 18 Pages Period: 2000-2007 Pub Date: 2008 Teaching Note: Not Available |
Price: Rs.300 Organization: Tesco Industry: Retail Countries: Japan Themes: International Business, Globalization Business |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
Jack Cohen (Cohen) founded Tesco in 1919 using his bonus from World War I army service. In 1924, Cohen bought a tea shipment from TE Stockwell. The first three letters of 'TE Stockwell' and the first two letters of 'Cohen' were used to make up the name 'TESCO.' The first Tesco store was opened in 1929 in Edgware, North London. Cohen was influenced by the supermarket culture in America and tried to introduce this concept in the UK. The company's driving force was the idea: 'Pile it high and sell it cheap'...
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