Global Warning: Tesco Focuses on the Homefront

Global Warning: Tesco Focuses on the Homefront

Tesco may be reconsidering its international development as it refocuses on its core U.K. market. “Our business outside the U.K. is as big as any of our domestic peers is inside the U.K. An extraordinary business has been built in just a very short period of time.” — Philip Clarke, Tesco’s chief executive officer SN's 2012 Top 25 Worldwide Food Retailers

U.S. observers of Tesco’s struggles with its Fresh & Easy Neighborhood Market format in the Southwest might find this hard to believe, but the company is actually considered one of the most accomplished food retailers in the world when it comes to international expansion.

Cheshunt, England-based Tesco PLC — the dominant supermarket operator in the U.K. — has blazed a trail to significant market

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