Tesco's U.S. Sales Could Reach $7 Billion to $10 Billion by 2012: Analyst

Tesco could have 1,000 stores in the U.S. within five years, with sales of $7 billion to $10 billion, James Anstead, a London-based analyst for Citi Investment Research, said yesterday during an Internet conference call.

NEW YORK — Tesco could have 1,000 stores in the U.S. within five years, with sales of $7 billion to $10 billion, James Anstead, a London-based analyst for Citi Investment Research here, said yesterday during an Internet conference call. "And if the convenience store format is successful, not only would I expect Tesco to move further up the West Coast but also to move further inland to other U.S. regions," he said. By 2015, Tesco's U.S. stores — the first of which are expected to open next wee

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