TESCO TO EXPAND RETAIL PRESENCE

LONDON (FNS) -- Tesco is charting its expansion plans in Hungary.The retailer here plans to open at least 20 stores in Hungary over the next five years The expansion strategy is tied to Tesco's $24.3 million purchase of a majority stake in Hungarian food retailer Global last June.A Tesco spokesman said the company has not decided how many stores it will open in the current financial year. However,

LONDON (FNS) -- Tesco is charting its expansion plans in Hungary.

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