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From humble beginnings as a market stall trader Albert Cohen, established Tesco combining the letters from TE Stockwell from whom he brought tea,with the first two letters of his own surname.
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That should be Jack Cohen mixed him up with Uncle Albert of trotter plc fame
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*brought change to bought
Wiki : Tesco plc (/tɛs.koʊ/) trading as Tesco, is a British multinational groceries and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom.[3] It is the third-largest retailer in the world measured by gross revenues[4][5] and ninth-largest retailer in the world measured by revenues. It has shops in seven countries across Asia and Europe, and is the market leader of groceries in the UK (where it has a market share of around 28.4%), Ireland, Hungary[6] and Thailand.[7][8] Tesco was founded in 1919 by Jack Cohen as a group of market stalls.[9] The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials with the first two letters of his surname,[10] and the first Tesco shop opened in 1931 in Burnt Oak, Barnet.[11][12][13] His business expanded rapidly, and by 1939 he had over 100 Tesco shops across the country. |
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Clearly a shrewdie. I think he used his WW1 demob money to buy some stock.
I love these rags-to-riches stories. |
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Labour seething
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No wonder. The Tesco Extra in Oldfields Road looks it too.
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