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Tesco plans to quadruple its sales in China to GBP4 billion (USD6.3b) within five years. Tesco China chief executive Ken Towle told analysts and investors the retailer planned to ...
Tesco China chief executive Ken Towle told analysts and investors the retailer planned to double the number of hypermarkets it has in China to over 200 and open 50 Lifespace malls.
Ken Towle, the 45-year-old president and chief executive of retail giant Tesco China, believes China will be soon the center of his industry.
... hypermarket giant now buys 60 percent of its internationally made goods in China and works with over 300 vendors in the world's most populous country, said Ken Towle ...
Ken Towle, president and chief executive officer of Tesco China, said he believes his company's sales here could soon become bigger than in the retailer's home country.
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