Market Report, "Tesco Plc in Retailing (World)", Published
Facing challenging conditions for its hypermarket chain in the UK and resurgent domestic rivals, Tesco remains innovative in seeking to find new relevance for this format. It can also capitalise on its solid convenience store and internet retailing operations to recover. The exit from the US market, although a setback, can in the longer term allow the group to gear its global presence more towards Asia, notably in South Korea and Thailand.
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