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Tesco Plc (TSCO-LN)
QUOTE AND NEWS
[$] Sainsbury to Raise Capital
Wall Street Journal  Jun 17 
J Sainsbury said it plans to raise $731 million to accelerate its store expansions as the U.K. supermarket chain posted a better-than-expected rise in fiscal first-quarter same-store-sales, outperforming rival Tesco.
Tesco Sales Get Boost From Asia
Wall Street Journal  Jun 16 
A strong performance in the U.K. and Asia and a recovery at its nonfood business helped Tesco post a 13% increase in sales for its fiscal first quarter.
Tesco Sees Signs of Life in Global Retail
Wall Street Journal  Apr 21 
Tesco joined a small group of retailers saying spending has bottomed. Britain's biggest retail chain posted a 15% gain in fiscal 2009 sales.
Wal-Mart Faces New Global Rival in its Home U.S. Market
Money Morning  Aug 28 
From Staff Reports Wal-Mart Stores Inc. (NYSE:WMT), the No. 1 U.S. retailer, is about to get a taste of its own medicine. Wal-Mart said it is considering acquisitions in its home U.S. market, and will move to reduce its growth reliance on its...
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[edit] Business Overview

Tesco is the UK's largest grocer by sales and also operates grocery stores in 12 international markets across Europe, Asia and the United States.[1] Additionally, Tesco offers retail banking and insurance services through its Tesco Personal Finance segment and telecom services under its Tesco Telecom business.[1] Tesco operates as a discount retailer and earned about £59.4 billion in revenue in 2009, an 15.1% increase from a year earlier.

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