Lipton is a brand of tea and was also a supermarket chain in Scotland before it was sold off to Argyll Foods, to allow the company to focus solely on tea. The company is named after its founder 'Thomas Lipton'. During 1871 Lipton used his small savings to open his own shop, in Glasgow, Scotland and by the 1880s the business grew to more than 200 shops. In 1929, the Lipton grocery retail business was one of the companies that merged with Home and Colonial Stores to form a food group with over 3,000 stores. The group traded as Home and Colonial Stores until 1961 when it took the name of Allied Stores. Lipton's became a supermarket chain focused on small towns, before Allied's 1982 acquisition by Argyll Foods: The supermarket business was re-branded as Presto during the 1980s. Thomas Lipton began travelling the world for new items to stock in this store, one such items was tea, since sales had grown from 40 million pounds from late 1870s to 80 Million pounds by the mid-1880s.
Contributions by Mtl1969, Wenttomowameadow, and Apparition11.