Safeway (US) to use Tesco e-commerce system
A
MERICA has all too often turned into a graveyard for foreign retailers. But this week a British supermarket chain sped across the Atlantic to teach the Yanks a trick or two. On June 25th Tesco, Britain’s biggest grocer, announced a deal with Safeway, California’s biggest food retailer, to bring its successful Internet shopping service to the United States. Tesco is injecting both its technology and $22m into Grocery
Works, a loss-making online retailer that is majority-owned by Safeway, in return for a 35% stake.
