Tesco
British multinational retail groceries company
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January 26 2025 | Tesco's market share increased to 28.5% in the 12 weeks ending on this date, a 0.7% increase from the previous year. |
June 2024 | Legal firm Fieldfisher issued letters of claim against Tesco and Asda for breach of the Consumer Protection Act due to E. Coli contamination in own-brand sandwiches, with claims involving a man from the South East and an 11-year-old girl from the North West. |
January 2024 | Tesco Mobile and Virgin Media 02 signed a ten-year renewal of their agreement. |
January 28 2024 | Tesco's market share was 27.8% in the 12 weeks ending on this date. |
2023 | Acquired all nine Shoprite shops on the Isle of Man from the Nicholson family, who had built the chain since 1972. |
July 2023 | Tesco Clubcard modified its voucher boost program, reducing the boost value from three times to two times the original voucher value. |
2021 | Tesco concluded its retail operations in both Malaysia and Thailand. |
2021 | Tesco exited both the Malaysian and Thai markets, concluding its retail operations in Southeast Asia. |
October 28 2021 | The last remaining Tesco stores in Poland were closed down, marking the end of Tesco's operations in the country. |
July 2021 | The Independent reported widespread animal welfare failures at a Tesco supplier, with chickens dying of thirst in overcrowded conditions, experiencing cannibalism and ammonia burns. |
June 2021 | Protests occurred outside Tesco Headquarters in Welwyn Garden City regarding the company's involvement in Amazon rainforest deforestation, specifically related to soy sourcing for livestock feed linked to meat production. |
May 2021 | Undercover footage captured farm workers at a Tesco supplier practicing 'piglet thumping', killing piglets deemed too small or weak by hammering them or swinging them against concrete floors. |
2020 | Tesco exited the Polish market, ending its retail operations in the country. |
2020 | Tesco completes the sale of its Thai business to Charoen Pokphand Group for $10.6 billion, with Tesco Lotus subsequently rebranding to Lotus's. |
2020 | Tesco Poland was bought by Salling Group. |
2020 | Tesco agreed to sell its Malaysian business to Charoen Pokphand Group for US$10.6 billion, including debt, ultimately changing the business name to Lotus's. |
2020 | Tesco expanded its international operations by opening four additional stores in Gibraltar, Ibiza, Mijas (Málaga), and Quesada (Alicante). |
2020 | Tesco confirmed its commitment to international expansion, with a website statement suggesting plans for more stores in Spain and Portugal. |
2020 | Tesco closed its operations in Poland after 25 years of retail presence. |
November 21 2020 | Tesco's Telford store faced criticism from the Romanian diaspora and Romanian Ministry of Foreign Affairs for displaying a discriminatory warning sign targeting Romanian shoplifters, which was perceived as xenophobic. |
September 2020 | An investigation exposed chronic animal welfare issues at a Tesco chicken supplier, with fast-growing birds suffering from severe pain and mobility difficulties. |
February 2020 | Tesco announced its exit from the Chinese market by selling its 20% stake to China Resources Enterprise (CRE) for £275 million. |
2019 | Tesco opened a store in the Algarve, Portugal, expanding its international retail presence. |
2019 | Tesco holds approximately 21% of the Irish grocery market. |
2019 | F&F partnered with Next PLC to re-establish its online retail presence in the UK, and subsequently launched a scaled-down version of its brand on Tesco.com. |
2019 | Announced cost-cutting initiative to close food counters in 90 stores, affecting around 9,000 workers. |
2019 | Tesco began international operations in Spain, Portugal, and Gibraltar by opening its first store in Puerto de Mazarrón, located in the Murcia province of Spain. |
2019 | Tesco opened a second store in the Algarve region of Portugal, expanding its international presence. |
November 2019 | Tesco announced its intent to sell all of its operations in Poland after years of net losses and unsuccessful attempts to streamline its business model. |
October 2019 | Announced CEO Dave Lewis would step down in 2020, to be succeeded by Ken Murphy. |
September 2019 | Undercover footage revealed animal welfare violations at an 'ethical' farm supplying Tesco, showing birds being kicked and forcefully thrown into crates. |
August 2019 | Following the investigative reports, Tesco committed to transitioning to only cage-free eggs in Thailand and Malaysia, addressing concerns about animal welfare in their egg supply chain. |
August 2019 | The New Straits Times broke an investigation into Tesco's own-brand egg producer in Malaysia, documenting similar problematic egg production conditions. |
June 1 2019 | Tesco ended its partnership with Esso, restricting Clubcard point collection to Esso fuel stations with an attached Tesco Express Store. |
May 2019 | An undercover investigation by the Daily Mirror revealed Tesco was sourcing eggs from battery cage farms in Asia, exposing poor animal welfare conditions in their supply chain. |
2018 | Three Tesco executives charged with fraud and false accounting were cleared of the charges. |
September 2018 | Tesco launched Jack's, a budget retail chain to compete with Lidl and Aldi, with the first store opening in Chatteris, Cambridgeshire. |
August 2018 | Tesco Mobile customers gained access to Three masts, enabling 4G service and increased 3G network coverage in Ireland. |
August 2018 | Tesco Direct was shut down, removing F&F's online retail presence in the UK. |
March 2018 | Tesco completed its acquisition of Booker Group, a food wholesaler that owns multiple retail brands including Budgens, Londis, Euro Shopper, and Premier Stores. |
2017 | Esso became the exclusive Tesco Clubcard point earn partner outside of Tesco stores. |
2017 | Tesco Clubcard undergoes a redesign to incorporate contactless technology in cards and key fobs. |
2017 | Reached agreement to merge with Booker Group, Britain's biggest wholesaler, despite concerns over market dominance. |
June 2017 | Announced major cost-cutting initiative to reduce workforce by over 1,200 workers, including over a quarter of employees in Welwyn Garden City and Hatfield, and closure of Cardiff call centre, aiming to reduce costs by £1.5 billion. |
April 2017 | Confirmed sale of in-shop opticians' business to Vision Express. |
February 16 2017 | Tesco formed a wholesale partnership with Limestone Private Limited in Pakistan, establishing an exclusive agreement to stock Tesco products across Alpha Supermarket stores throughout the country. |
January 2017 | Tesco abandoned its plans for the Godalming shop following continued local opposition, including objections from the local MP and borough council. |
2016 | Tesco ended its operations in Turkey. |
2016 | Tesco completed the transfer of its telephone and broadband customers to TalkTalk. |
2016 | F&F closed its independent website and was integrated into Tesco Direct online platform. |
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