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Essay text:
It is also the third largest retail chain in the world. In the beginning Tesco started off by selling basic groceries before diversifying into many different markets. In 2007 Tesco was operating in the following fields:
• General groceries
• Personal banking
• Fuel
• Telecom
• DVD sales and rental
• Clothing line
By the end of 2007 Tesco were operating in the following countries:
• China
• Czech Republic
• France
• Hungary
• Republic of Ireland
• Japan
• Malaysia
• Poland
• Slovakia
• South Korea
• Thailand
• Turkey
• United States of America
At the end of 2007 Tesco had a UK market share of over 30%, which is more than both Asda’s and Sainsbury’s market share combined...
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