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fsuts 5 hours ago

”Tesco, a retail conglomerate headquartered in the United Kingdom”

For any non Uk people, it’s the largest supermarket in Uk. Combination of large stores and smaller high street convenience stores.

(2nd largest was owned by Walmart who sold it recently to private equity and so now it’s saddled with debt and being ruined…).

lmm 4 hours ago | parent | next [-]

Walmart had already ruined ASDA to be fair, it's not like private equity is doing worse.

rwmj 2 hours ago | parent [-]

The fifth largest (Morrisons) was also sold to PE with predictable results. https://en.wikipedia.org/wiki/Morrisons#CD&R_takeover

noisy_boy 2 hours ago | parent | prev | next [-]

It has decent presence in some parts of South East Asia as well via JVs e.g. Tesco Lotus in Thailand.

lovich 38 minutes ago | parent [-]

Didn’t realize they were behind Lotus. I also liked the refrigerated meals they would heat up for you right in the store.

sandworm101 an hour ago | parent | prev [-]

And it has no US comparison. The tesco meal deal concept, the literal wall of choices, just doesnt exist in north america.

I did a big work trip to the UK a couple years back with over 100 people. I tried to explain meal deals and nobody believed me. Then our people basically stripped the meal deal shelves of the tesco express beside our hotel.

pdpi 15 minutes ago | parent [-]

What's so unbelievable about meal deals? It seems like a really straightforward bundle purchase.