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Essay text:
In excess of 28 million customers are served by the 160,000 employees of the Group’s international business which generates profits of ?700m on sales of ?13.8 billion. As of 2008 over the international business has been developed to a point where half of Tesco’s selling space is outside of the UK.
History
The origins of Tesco Plc stretch back nearly 100 years. Jack Cohen started out with a market stall in The East End of London and laid the foundations of one of the UK’s largest employers and most dynamic and well respected businesses.
The Tesco brand was conceived when Cohen bought a shipment of tea from T E Stockwell and made the new labels using the first three letters of their name and adding C and O from his own...
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