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Transnational Tesco

  • Started in 1919 in East London (grocery stall)
  • First supermarket opened in 1956
  • Diversified into new markets (electrical etc.)
  • Uses supplies from all over the world (India, Thailand, Mauritius)
  • Average wage in these countries is 50p
  • Expanding into  new countries (Poland: 280 stores, China: 47 stores)
  • Set up a joint venture with South Korea
  • 60% of Tesco's international profits come from Asia
  • 1,250 overseas stores, 450,000 employees
  • £47 billion revenue, £2.7 billion profit
  • Shipping makes it a huge emitter of greenhouse gases
  • Claims not to erode local culture



good note for a 5 marks type of question 


Veryuseful Thanks

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