date:Jul 17, 2013
tition, according to Chen Pei, operations manager of Tesco Property Ltd.
The company has nine Lifespace stores and 117 hypermarkets across China. The Lifespace mall in Guangzhou includes top international brands, providing food, entertainment and fashion.
We will continue the policy of buying land and building our own properties for future growth in China, said Chen.
According to Chen, Tesco plans to expand the number of such stores to 15 to 20 in South China within the next five years.
Chin