Britain's Tesco to Export Its Dotcom Knowhow Worldwide

14 January 2002

Tesco, the United Kingdom’s largest supermarket chain, aims to capitalize globally on the recent sale of its e-shopping knowhow and technology to Safeway, number five grocery retailer in the US with 1,500 outlets [WAMN: 09-Jan-02].

Says chief executive John Browett: “We have been approached by lots of people who are interested in similar deals. It's a question of finding the right partners in the right place at the right time.” And although the right partners are predictably not for naming, the right places include France, Germany, Japan, Canada, Australia and northern Italy.

Of the Safeway five-store pilot scheme, Browett is optimistic: “It has been good and we are very excited by the prospects. One of the stores already has all its delivery slots filled.”

News source: Financial Times