• IGD, the British food and retail analyst, is out with a study suggesting that Tesco’s growth over the next five years is likely to be at a 7.5 percent annual rate because of its Asian expansion efforts, which should outpace an expected 4.7 percent growth rate at Walmart.
• Crain’s New York Business reports that as Aldi opens its first store in New York City - in the Rego Park section of Queens - it has signed deals to open stores in the Bronx and on Long Island, and “is looking for other opportunities.”
• Crain’s New York Business reports that as Aldi opens its first store in New York City - in the Rego Park section of Queens - it has signed deals to open stores in the Bronx and on Long Island, and “is looking for other opportunities.”
- KC's View: