UK: Londis plans more stores to ward off Tesco threat
Convenience store chain Londis is to open around 100 stores this year as independent retailers join the group in a bid to survive competition from UK supermarket group Tesco. Londis retail director Tony Riddy said that Tesco's acquisition of convenience store chain T&S Stores last year had led to an increase in independent retailers joining Londis, reported Retail Week.
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