Tesco was founded by Jack Cohen, in 1919, as a tiny market stall. In 1924, the name which the company later took on as its corporate name emerged. The name Tesco contains the initials of the owner of the firm, Mr. T. E. Stockwell, who supplied the firm with tea and of the initials of Jack’s surname – Cohen.
2006-12-30 08:16:54
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answer #1
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answered by Wildamberhoney 6
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it stand for cheap groceries
Tesco was founded, as a one-man business, by Jack Cohen in London's East End. He came from a modest background, being the son of a Polish Jewish tailor. He began by selling groceries in the markets of the East End after World War I in 1919. At this time rations and supplies were low, so he would buy damaged goods from other businesses and resell them at reasonable prices. Famously, Jack was known for his ability to tell what was in a tin just by shaking it.
The Tesco brand first appeared in 1924. The name derived after Jack Cohen bought a large shipment of tea from T.E. Stockwell, he made new labels by using the first three letters of the supplier's name (TES) and the first two letters of his surname (CO) forming the word "TESCO".[5]
The first Tesco store was opened in 1929 in Burnt Oak, Edgware, London.
2006-12-30 16:51:35
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answer #2
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answered by species8472 6
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The company 'Tesco' was founded by Jack Cohen - he created the Tesco brand name from the initials of a tea supplier, T. E. Stockwell (formally Messrs Torring and Stockwell of Mincing Lane), and the first two letters of his surname.
2006-12-30 16:19:04
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answer #3
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answered by ma1lad 1
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The name derived after Jack Cohen bought a large shipment of tea from T.E. Stockwell, he made new labels by using the first three letters of the supplier's name (TES) and the first two letters of his surname (CO) forming the word "TESCO".
www.wikipedia.com
2006-12-30 16:22:33
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answer #4
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answered by Anonymous
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Tesco is the name of the company. It first started out as a little corner shop and from there on it has gone world wide. I used to work for them when I first left school. Their history is up on the notice boards.
2006-12-30 16:16:53
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answer #5
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answered by CT 6
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Tesco stands for big profits & ripping off the competition.
2006-12-30 16:29:30
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answer #6
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answered by Anonymous
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Havent the foggiest I know ASDA is Associated Dairies but didnt think Tesco was an abbrieviation of anything.
2006-12-30 16:16:48
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answer #7
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answered by Anonymous
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Vast profits
2007-01-01 08:49:54
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answer #8
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answered by Vinny 3
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Tall
Econmocal
Supermarket
Company
Operation
2006-12-30 16:20:57
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answer #9
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answered by well d 1
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RIP -OFF Shop. This Expensive Supermarket, Clear Off.
2006-12-30 17:03:55
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answer #10
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answered by Jeanette 7
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