Retailers eye convenience format

03/1/2006 | Financial Times (free content)

Larger retailers, including Wal-Mart Stores and Tesco PLC, increasingly see future growth in the convenience format. Wal-Mart's Neighborhood Market stores target people looking for grab-and-go items, while Tesco is preparing to launch a convenience store format in the U.S. it says will follow its Express format, which offers a premium range of 7,000 items, including prepackaged meals.

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