Tesco PLC (Public, LON: TSCO) is a UK-based international grocery and general merchandising retail chain. The Company has retail operations across the United Kingdom, Asia and Europe. The Company engages in banking operations, through Tesco Bank. Tesco Bank’s banking products include customer accounts for credit cards, loans, mortgages and savings. The Company offers a range of 4,000 own brand products, as of December 22, 2014. The Company operates through four segments: the United Kingdom, Asia, Europe and Tesco Bank. The Company operates approximately 3,378 stores in the United Kingdom. The Company operates approximately 2,417 stores in Asia. It operates approximately 1,510 stores in Europe. Tesco Bank offers retail banking and insurance services in the United Kingdom.
It is currently the third largest global retailer based on revenue, behind Wal-Mart and France's Carrefour, but second largest based on profit, ahead of Carrefour. Originally specialising in food and drink, it has diversified.
Shrimp trawling responsible for the highest bycatch Worldwide
Shrimp trawling accounts for more bycatch volume than any other fishery type but efforts to reduce bycatch can make a positive difference, concludes a report about bycatch in the wild shrimp sector released by Sustainable Fisheries Partnership.
Nestle accused of using slave-caught fish United States
Swiss food giant Nestle is being sued in the United States for allegedly purchasing fish from a Thai supplier suspected of being involved in slave labour.
Vietnamese crab exports grow in first seven months Viet Nam
Vietnamese crab exports achieved a 6 per cent increase in the first seven months, compared to the same period last year, and were destined to 34 markets, after other six markets were added to the 28 existing ones, VASEP informed.
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