Tesco to expand Czech presence

British retail giant Tesco is reported to be expanding its share of the Czech market, looking to acquire a local discount chain.
The retailer has already expressed its desire to boost its international presence even further and generate more than half of its overall turnover from overseas operations. Speaking in an interview with The Times last month, Tesco chief executive Sir Terry Leahy said he was looking to reach that goal within the next decade. (talkingretail)
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.