Jack Cohen Organization founder
Sir John Edward Cohen (6 October 1898 – 24 March 1979), born Jacob Edward Kohen and commonly known as Jack Cohen, was a British businessman who founded the Tesco supermarket chain. He was born in Chatham in the Medway area of Kent, to a Jewish family, the son of an Avram Kohen, a Polish immigrant who worked as a tailor, and his first wife, Sime Zamremb. He began his working life as an apprentice tailor to his father but in 1917 he joined the Royal Flying Corps where he served as a canvas maker. Upon his demobilisation in 1919 he established himself as a market stall holder in Hackney, in London's East End by purchasing surplus NAAFI stock with his demob money. He soon became the owner of a number of market stalls, and started a wholesale business. Initially the other stalls were run by members of the family but gradually non-family members were added. Cohen and his wife worked 7 days a week, starting at dawn and counting money until late. At each market the traders would gather and, at a signal they would race to their favoured pitch. Cohen could not run fast so he simply threw his cap at the spot and this could beat anyone.
|Date of birth|
|October 6th, 1898|
|Date of death|
|March 24th, 1979 at age of 80|
1. Tesco PLC
Official web page
Tesco PLC is a multinational grocery and general merchandise retailer headquartered in Cheshunt, Hertfordshire, England, United Kingdom. After Walmart, it is the second-largest retailer in the world measured by profits and second-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia, Europe and North America and is the grocery market leader in the UK, the Republic of Ireland, Malaysia, and Thailand. Tesco was founded in 1919 by Jack Cohen as a group of market stalls. The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stockwell and combined those initials with the first two letters of his surname, and the first Tesco store opened in 1929 in Burnt Oak, Middlesex. His business expanded rapidly, and by 1939 he had over 100 Tesco stores across the country. Originally a UK-focused grocery retailer, since the early 1990s Tesco has increasingly diversified geographically and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and software; financial services; telecoms and internet services; DVD rental; and music downloads.