Tesco has revealed that its profits tumbled by around a fifth over the past year after coronavirus costs of almost £900 million..
British retailer with multinational grocery and general merchandise stores
Tesco plc, trading as Tesco, is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. It is the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It has shops in five countries across Europe, and is the market leader of groceries in the UK.