The British are coming. Or are they?
A slew of reports out of the United Kingdom in recent months have suggested that Tesco - the U.K.'s largest grocer and a growing power player in the global retail scene - has set expansion sights on the United States. But thus far, those reports have produced little more than flat denials from U.S. retailers, and no comments from Tesco itself.
Analysts and observers contacted by SN said that while a deal between London-based Tesco and