Thursday, November 16, 2006
Tesco in the US!
Sorry it has been so long since I have last written... school and life has been crazy with something always going on.. to my avid readers, I thank you for your patience... :)
So now on to business...
Tesco is coming to the US! Tesco is the major grocery chain in the United Kingdom. They are like the Kroger of the UK. While I was there, I got the privilege to shop there, and I had a great experience there. They had a great selection of foods from all over the world, really high quality produce and their private label (store brand) products were superb. They also had a great wine and alcohol section too. For the most part, they were mainly grocery stores, but some of them had general merchandise in them too, such as movies, TVs, clothes, stuff like that.
Right now, they are looking to start out on the West Coast of the US and are going to start things out by bringing over their Express style store, which is projected to compete with 7-11's. It has not been said if they will sell gas (or petrol in the UK) but I would not think that they would. A lot Tesco's sell petrol in the UK, but they have not really said anything about that.
I hope that they will be successful. I would fly out to California or the Left Coast to visit one of these stores. However, the grocery market is really competitive in the United States due to Walmart and there is no telling as to what will happen until it happens.
Tesco is the 5th largest grocery chain worldwide and they already have stores in Eastern Europe and Asia, so with that kind of experience and a base, they have a really good running chance.