Since 1919, the rise of Tesco as the dominant supermarket chain has seemed unstoppable. It enjoyed rapid expansion in the 80s and 90s which resulted in a huge market share over the last ten years.
This is all now under threat after a series of profit warnings and scandals has cast a bleak shadow over its future. In the latest blow, Tesco has today warned that its full-year profits will be substantially below market expectations, prompting its share price to fall to an 11-year low.
This chart traces the rise and fall of a business giant (click to view an image which can be zoomed in on mobile).