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Tesco is one of the largest food retailers in Europe, with a major footprint across the UK, Ireland, Central Europe, and wholesale operations. The strongest 2026 update comes from Tesco’s latest annual report, which provides a much better picture of current scale than old one-off “key facts” figures.
Quick Answer: Tesco reported £69.9 billion in retail sales including VAT and fuel in 2024/25, with 4,859 stores and over 300,000 employees.
Key Tesco Metrics
| Metric | Figure | Year |
|---|---|---|
| Retail sales including VAT and fuel | £69.9 billion | 2024/25 |
| Revenue excluding VAT and fuel | £63.6 billion | 2024/25 |
| Stores | 4,859 | 2024/25 |
| Employees | 300,000+ | Latest company framing |
About Tesco
Tesco is best known as a grocery giant, but its business also spans convenience retail, online grocery, wholesale, and general merchandise. Its scale makes it one of the most important retail companies in the UK and a major presence in European food retail.
Tesco Revenue Statistics
- 2024/25: £69.9 billion retail sales including VAT and fuel
- 2023/24: £68.2 billion
- 2022/23: £65.3 billion
- 2021/22: £61.3 billion
- 2020/21: £54.8 billion
- 2019/20: £56.5 billion
Tesco Store Statistics
- 4,859 stores worldwide at the latest year end
Why the Revenue Definitions Matter
Tesco reports several sales and revenue measures. For readers, the most visible headline number is retail sales including VAT and fuel, but the annual report also gives revenue excluding VAT and fuel. Using both gives a more accurate view of the business.
FAQ
How many Tesco stores are there?
Tesco reported 4,859 stores in its latest annual report period.
How many employees does Tesco have?
Tesco says it has over 300,000 colleagues.
What was Tesco revenue in 2024/25?
Tesco reported £69.9 billion in retail sales including VAT and fuel, and £63.6 billion in revenue excluding VAT and fuel.
Is Tesco mostly a UK business?
The UK is Tesco’s biggest market, but the company also operates in Ireland, Central Europe, and wholesale.
Sources and References
