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Tesco’s first store was opened in 1929 in Burnt Oak, Edgware, London; and the firm was first floated on the London Stock Exchange in 1947. The first Tesco self-service store opened in 1948 in St Albans and is still trading in 2005, while its first supermarket was opened in 1956 in a converted cinema in Maldon, Essex. Tesco is the U.K.’s largest grocery chain.
Tesco’s marketing activities have evolved substantially over the decades (Reed, 2006). In 1974 it hit the big market and began selling petrol and its annual turnover reached one billion pounds in 1979. Also In 1975 Tesco opened one of its first Hypermarket's in Irlam, and in 1995 it introduced a loyalty card branded 'Clubcard', and later an Internet shopping service...
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