Thomson Reuters Business Description
Tesco PLC is an international retailer. The principal activity of the Company is retailing and associated activities in the United Kingdom, China, the Czech Republic, Hungary, the Republic of Ireland, India, Japan, Malaysia, Poland, Slovakia, South Korea, Thailand, Turkey and the United States. The Company also provides retail banking and insurance services through its subsidiary, Tesco Bank. Its online businesses include online grocery and Tesco Direct. Its retail brands include Tesco Express, Lifespace, Kipa, Tesco Metro, Tesco Bank, Tesco Phone Shop, Tesco Extra, www. tesco.com and Tesco Lotus. Its product brands include Technika, go cook and F&F. During the fiscal year ended February 26, 2011 (fiscal 2011), it acquired an additional 13% interest in Greenergy International Limited; acquired the trade and certain assets and liabilities of 2 Sisters Food Group, Inc.; acquired the remaining 10% interest in dunnhumby Limited, and acquired 100% interest in Wild Rocket Foods, LLC.
