TESCO EYES UP TO 300 U.S. STORES IN 5 YEARS EL SEGUNDO, Calif. — Tesco USA here said last week it is considering opening as many as 300 small grocery stores in Southern California, Las Vegas and Phoenix over a five-year period, at an investment level approaching $2 billion. The company previously had said it planned to spend about $435 million per year to open an unspecified number of stores in those markets. Tim Mason, chief executive officer of Tesco USA, said the company expects to open ...
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