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signalling end of supermarkets’ ‘race for space’

Tesco To Focus On Smaller Stores: Sources - FT 

By DOW JONES NEWSWIRES

Published April 12, 2012  Dow Jones Newswires

DOW JONES NEWSWIRES

Supermarket chain Tesco PLC (TSCO.LN) is set to slow store expansion in the U.K. under the strategic blueprint Chief Executive Philip Clarke is due to outline next week, the Financial Times reported on its website Thursday, citing four people familiar with the situation.

The company is expected to focus on smaller stores, reducing new large store openings and store extensions, the FT reported the people as saying.
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Tesco to focus on smaller stores
Posted by admin on April 12th, 2012

Under pressure chief Philip Clarke set to scale back on opening big outlets, signalling end of supermarkets’ ‘race for space’
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Full story: http://www.ft.com/intl/cms/s/0/33e1095c-84cd-11e1-b4f5-00144feab49a.html#axzz1raXJtBky.