TESCO TO COMPETE IN U.S. USING SMALL-FORMAT STORES

LONDON - The British are coming after all.Tesco, the global supermarket giant based here, last week said it would invest up to $435 million per year to introduce a new, small-format retail food concept in the United States. The company said the stores would draw from the Tesco Express convenience banner in the United Kingdom and will debut on the West Coast next year.Although Tesco revealed few details

LONDON - The British are coming after all.

Tesco, the global supermarket giant based here, last week said it would invest up to $435 million per year to introduce a new, small-format retail food concept in the United States. The company said the stores would draw from the Tesco Express convenience banner in the United Kingdom and will debut on the West Coast next year.

Although Tesco revealed few details about its plans, analysts said they envision stores in the neighborh

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