Tesco
As a leading retailer, with over 400,000 colleagues, we serve millions of customers every week, in our stores and online. From market stall to the UK's biggest supermarket.
Jack Cohen began selling surplus groceries from a stall in the East End of London in 1919. He left the Royal Flying Corp at the end of the Great War and used his demob money to buy the first day's stock. From day one, Jack believed in putting affordable food in the reach of everybody. At the end of the first day Jack Cohen made a profit of £1 on sales of £4.
The first own-brand product sold, which Jack promised would bring unequalled value, was Tesco Tea - before the company was called Tesco. The name comes from the initials of TE Stockwell, who was a partner in the firm of tea suppliers, and CO from Jack's surname.
Board, Board Committees and Executive Committee
Having a diverse Board with different perspectives, insights and viewpoints benefits the Group’s stakeholders through better business performance. Our Board comprises the Chairman, Group Chief Executive, Chief Financial Officer, Senior Independent Director and a number of independent Non-executive Directors. Provides independent assessment and oversight of financial reporting processes including related internal controls, risk management and compliance, as well as overseeing the effectiveness of the internal and external audit functions. More detailed information on the work of the Audit committee is set out in the annual report.
Product.
Customers want great products at great value and we believe that healthy, sustainable products should be affordable to all. We’re committed to tackling important issues from farm to fork.
Planet
We are focused on tackling the global climate change threat, protecting important ecosystems such as forests and marine environments and advocating for sustainable agricultural practices that protect soil health and biodiversity.
We are proud to be a part of thousands of communities around the world and are committed to helping each one thrive, socially and economically.