Tesco PLC Stock Price Today (TSCDY)
2023.02.24 12:05
The grocery and general merchandise retailer Tesco plc is a British multinational with its headquarters in Welwyn Garden City, England. It was the ninth-largest retailer worldwide in terms of revenues and third-largest in terms of gross revenues in 2011. It has locations in Slovakia, Hungary, Slovakia, the Czech Republic, Ireland, and the United Kingdom. In the United Kingdom, where it holds a roughly 28.4% market share, it is the market leader in groceries.
Since the early 1990s, Tesco has expanded internationally, now operating in 11 additional nations. In 2013, the business left the United States, but as of 2018, it was still expanding in other markets. Tesco has expanded into a variety of industries since the 1960s, including the retailing of books, apparel, electronics, furniture, toys, gasoline, software, financial services, telecommunications, and internet services.
With its low-cost “Tesco Value” range (launched in 1993) and premium “Tesco Finest” range, Tesco attempted to attract a variety of social groups during the 1990s, repositioning itself from a downmarket, high-volume, low-cost retailer.
Tesco is a component of the FTSE 100 Index and is listed on the London Stock Exchange.
