Tesco might acquire local retail chains in the Turkish market
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.
Tesco, the nation's biggest retailer, announced Tuesday plans to open wholesale grocery stores in India that will supply goods to hypermarkets owned by Indian conglomerate Tata Group.