Tesco Plc (TSCO), the U.K.’s largest supermarket chain, is planning an online store that would compete with Amazon.com Inc. (AMZN:US), 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 email@example.com
To contact the editor responsible for this story: Kenneth Wong at firstname.lastname@example.org