Word: tesco
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...Although other foreign hypermarket chains are entering the country - British retail group Tesco has a joint venture with India's giant Tata conglomerate, while France's Carrefour is said to be in talks with Reliance - Jain says Wal-Mart is in no hurry to unfurl the Wal-Mart flag nationally. "The easiest thing is to roll out stores, but the most difficult is to sustain and feed them," he says...
Business is starting to catch on, too, not least because of the potential long-term cost savings. While the initial investment in new digital lighting is steep, the long life of the lights means that it can be a smart one-time buy. In Britain this year, supermarket giants Tesco and Sainsbury have both announced plans to substitute fluorescent with LED lighting in their freezer sections. Hotel chains are also making the switch...
...East Europeans annually, nearly 800,000 applied for work permits between 2004 and the end of 2007. The stereotypical arrival was the Polish plumber, but thousands of professionals arrived too. Today, the community's U.K. directory lists Polish accountants and cardiologists, a hypnotist and a youth theater. Tesco supermarkets import Polish cookies and pâtés, and Britain's best-known tabloid the Sun put out the Polish-language Polski Sun in honor of Euro...
...global-warming debate has introduced some new catchphrases into the business lexicon. Becoming carbon neutral, for example, is now a goal for multinationals like Dell, HSBC and Tesco. But for another well-known international brand, becoming carbon neutral isn't enough. Last June, Coca-Cola CEO Neville Isdell flew to Beijing and pledged that his company would become "water neutral" - every drop of water it uses to produce beverages would be returned to the earth or compensated for through conservation and recycling programs. "Water is the main ingredient in nearly every beverage that we make," Isdell said. "Without access...
...traffic," says Don Ghostlaw, from Tolland, Conn., who on a recent Saturday had rushed to see Stonehenge on his first day in England. "It's surprising there is traffic so close to such an historic site." The situation may soon get even worse: Last month, supermarket chain Tesco revealed plans to build a 280,000-square-foot warehouse 20 miles to east, which could mean scores more trucks a day rumbling past...