Tesco to double number of telecom outlets in stores

04/20/2009 | Guardian (London), The

Tesco CEO Terry Leahy is expected to announce a number of measures aimed at competing against telecoms and financial institutions. The U.K. retailer plans to have Tesco telecom outlets in 100 stores and to open 30 bank branches. However, investors likely will be searching for signs that Tesco's U.K. supermarkets are growing.

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