Tesco opening six locations today
Staff Reports
Article Launched: 11/07/2007 11:05:51 PM PST
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Tesco, the world's third-largest retailer, will roll out its first six U.S. grocery stores today in an ambitious bid for American shopping dollars.
The six Fresh & Easy stores opening today are in Arcadia, Anaheim, Hemet, Los Angeles, West Covina and Upland. The Hemet site had its soft opening a week ago.
The British retailer, whose U.S. arm is based in El Segundo, will follow the first half-dozen store openings in Southern California with 30 more planned by December. It hopes 200 stores will be in business by the end of 2008.
Tesco plans to spend $2 billion over five years to open possibly hundreds of stores in California, Arizona and Nevada - within trucking distance of the company's massive distribution center near Moreno Valley.