Founded by Sir Jack Cohen in Hackney, London, in 1919, Tesco has grown to become the market leader of groceries in the UK with a market share of around 28.4%. The company operates 5,040 store locations across the Czech Republic, Hungary, Ireland, Slovakia, and the United Kingdom, offering food, drinks, groceries, and general merchandise products including clothing, electronics, and financial services.
In 2026, Tesco reported revenue of £72.886 billion and employed 330,000 people. The company operates under multiple brands including One Stop, F&F, and Paperchase, with divisions including Tesco Bank, Tesco Mobile (50%), Tesco Ireland, and Booker Group. Tesco acquired Booker Group in 2018, expanding its wholesale and convenience retail operations.
Recent Leadership
Ken Murphy has served as Group Chief Executive Officer and Executive Director of Tesco PLC since October 1, 2020, and Gerry Murphy serves as Chairman. Recent executive leadership changes include Ashwin Prasad taking over as Chief Executive of Tesco UK.
Facts compiled by Executive Moves from publicly available news and press releases on 28 September 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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