The world’s best 50 grocers: Tesco

“Increasingly nimble for a monolithic operation”, Tesco is “a class operator”, impressing judges with its “well established and diversified business model”, “continued innovation, latterly in e-commerce and mobile”, and its “willingness to admit mistakes and take action”, exiting Fresh & Easy, revamping UK stores and, most recently, “putting its hands up over ‘Horsegate’”. And despite massive international expansion already, with South Korea in particular a “jewel in the crown”, there is “still lots of potential for further growth in markets such as South Africa, Romania, Bulgaria, Vietnam, Indonesia”.

See the complete list of the World’s 50 Best Grocers.