Wednesday, September 14, 2016

Most Successful Companies Founded by Immigrants: Tesco


Tesco, a third largest British multinational retailer in the world, also has its origins back in Poland. Jack Cohen, who founded Tesco in 1919, was the son of Jewish immigrant from Lodz. 

Jack Cohen made his first career step at a market stall holder in Hackney, London, which quickly expanded into a larger market trading business. In 1924, he created the Tesco brand name from the initials of a tea supplier, T.E. Stockwell, and the first two letters of his surname. By 1939, Cohen was an owner of a hundred Tesco stores. 

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