Friday, August 3, 2007

The Tesco Invasion

Tesco, the third largest food retailer in the world after Wal-Mart and Carrefour, is preparing to enter the U.S. market next year, opening 100 stores under the name Fresh & Easy. Tesco has been adept at marketing itself as a socially responsible corporation. However, a new study by Occidental College's Urban & Environmental Policy Institute reveals significant gaps between what Tesco has promised in the areas of food access, workplace issues, health and environmental concerns and how it has actually achieved its current position as one of the top multinational operations.