Tesco is fast becoming the new WalMart.
by Sam Sethi
on August 30, 2006

The supermarket giant Tesco, today announced it was launching on the 6th September, a non-food home shopping service called Tesco direct, which it promises will end the misery of waiting in for deliveries all-day.

The supermarket giant promised quicker delivery and shorter and more reliable slots than are currently provided by other high street retailers.

It’s other direct-to-home food shopping business has already become one of its most successful ventures in recent years, with Tesco.com making profits of £56.2 million last year.

One report, earlier this month, forecast that Tesco would become Britain’s biggest nonfood retailer in 2006, over taking the owner of Argos and Homebase, ARG. I suppose every little bit helps the bottom-line.

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