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British retail giant expands

RETAIL chain Tesco continues to extend its network of outlets in Slovakia. In late June Tesco Stores SR, the Slovak arm of the British retailer, opened its 100th outlet in Slovakia, in Poltár. The opening took place only shortly after the retail chain had celebrated the 15th anniversary of its arrival in the Slovak market, Oľga Hrnčiarová, corporate affairs manager of Tesco Stores SR wrote in a press release.

RETAIL chain Tesco continues to extend its network of outlets in Slovakia. In late June Tesco Stores SR, the Slovak arm of the British retailer, opened its 100th outlet in Slovakia, in Poltár. The opening took place only shortly after the retail chain had celebrated the 15th anniversary of its arrival in the Slovak market, Oľga Hrnčiarová, corporate affairs manager of Tesco Stores SR wrote in a press release.

The store in Poltár stocks 4,700 products and is open seven days a week. It employs 23 people.

During 2010 Tesco opened 16 new outlets and the plan for 2011 is to open 25 new stores throughout Slovakia, the SITA newswire wrote in April. Last year investments were directed in particular into making Tesco Stores SR independent from its Czech counterpart, as well as in creating an independent management structure.

Tesco entered the Slovak market in 1996. Its more than 8,800 employees make it one of the biggest private employers in Slovakia.


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