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A blueprint for profitable retailing in China - Tesco PLC

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South Region: strong growth as first stores start to mature<br />

Progress s<strong>in</strong>ce 2008<br />

•<br />

•<br />

•<br />

•<br />

•<br />

Increased store numbers by 80%<br />

Achieved market lead<strong>in</strong>g growth<br />

Successfully entered Fujian Prov<strong>in</strong>ce<br />

Opened Fresh Food distribution centre<br />

and step-changed Fresh quality<br />

Made key additions to senior team<br />

Priorities<br />

Page 15 15<br />

•<br />

•<br />

•<br />

•<br />

•<br />

•<br />

Increas<strong>in</strong>g new store programme<br />

<strong>in</strong>clud<strong>in</strong>g LifeSpace Malls<br />

Build<strong>in</strong>g on strong growth<br />

Earn<strong>in</strong>g trust <strong>in</strong> the <strong>Tesco</strong> brand<br />

Best <strong>for</strong> Fresh Food <strong>in</strong> every store<br />

Develop<strong>in</strong>g the supply cha<strong>in</strong><br />

Build<strong>in</strong>g the capability of the team

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