Bloomberg News

Tesco's Updated Website to Compete With Amazon: Telegraph

By Amy Thomson
April 15, 2012

Companies Mentioned

  • AMZN

    Amazon.com Inc

    • $261.74 USD
    • -0.06
    • -0.02%
Market data is delayed at least 15 minutes.

Tesco Plc (TSCO), the U.K.’s largest supermarket chain, is planning an online store that would compete with Amazon.com Inc. (AMZN), the Sunday Telegraph said.

Chief Executive Officer Philip Clarke will announce plans to add more third-party retailers to Tesco’s website on April 18 to expand its click-and-collect service, the newspaper said. The new initiative will also include remodeling of some stores.

To contact the reporter on this story: Amy Thomson in London at athomson6@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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