Friday, November 09, 2007

Tesco Time Line:

Tesco opening six locations today
Staff Reports
Article Launched: 11/07/2007 11:05:51 PM PST

http://www.sbsun.com/ci_7400619?source=rss_viewed

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.