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Taking Tesco global
Retailers have long had difficulty beyond their home markets, and most of them have failed to create a strong presence on the Internet. That is why Tesco, the United Kingdom's largest grocer, has attracted attention with its ambitious overseas expansion into emerging markets and its successful on-line business.
The take-away: In this McKinsey Quarterly Interview, Tesco's deputy chairman, David Reid, discusses his company's strategy and its obsession with operational efficiency and improving productivity.
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