PHOENIX — British grocery giant Tesco plans to jump into the highly competitive U.S. food marketplace with 100 small, neighborhood specialty stores in four Western cities by the end of 2008, a top company executive said at a meeting with community leaders here last week. Tim Mason, chief executive officer, Tesco USA, said Britain's largest retailer will plunk down stores in Phoenix, Los Angeles, San Diego and Las Vegas as it launches its first foray into the U.S., beginning late this year. ...

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