Friday, April 5, 2013

Tesco Exits US Market

Most of the time when I talk about a firm exiting, I am referring to a firm going out of business.  But that is not the only way to think about exit.  A firm could exit a particular brand, a type of product/service or in this case a firm could exit a geographic market.  Tesco (think Walmart of Europe) is exiting the US market as reported by the Wall Street Journal.

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