UK-Based Tesco First To AcceptrnGrocery Retail Challenge

摘要

Following India's belated and widely publicised decision to open uprnits retail sector to foreign multi-brand retailers in September 2012,rnit has quickly become apparent that the initial plan was flawed andrncomplex, with myriad difficulties facing would-be entrants lookingrnto make a case for full-scale entry beyond wholesale retailing.rnSomewhat surprisingly, it seems UK-based Tesco is going to be thernfirst retail superpower to take on the challenge as it awaits the goaheadrnto invest US$110mn in a joint venture with the Tata Grouprnconglomerate.