Tesco to step up expansion in US
TESCO is to step up expansion in the US after it surprised the City by predicting the Fresh & Easy chain would make its first profits in the year to 2013, earlier than expected.
Tesco, a global grocery and merchandise retailer headquartered in the United Kingdom which also owns Turkish retailer Kipa in western Turkey, might acquire local retail chains in the Turkish market, a top executive said Wednesday.