Topic updates
How is Tesco so profitable?
29th January 2023
In our new study video we look at some of the reasons why the UK retailer Tesco makes consistently high profits.
Tesco was founded in 1919 by Jack Cohen as a market stall in London. It started as a single store in Hackney, East London, but expanded rapidly in the 1920s and 1930s and has risen to prominence as the largest food retailer in the UK. So why is Tesco so profitable? As always, a range of long-term business and economics factors are at work.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Tesco - Delayering and the purchase of Paperchase
1st February 2023
Business Economics: $1 Million Per Day To Run a Cruise Ship
27th December 2022
Hearing Aids Merger Under CMA Investigation
6th December 2022
Price Discrimination and Consumer Welfare - A-Level Economics Essay Walkthrough
Practice Exam Questions
Tesco Raises Prices for Meal Deals
22nd October 2022
Business Costs and Profits - Economies of Scale at Tesla
5th October 2022