Makro & Tesco

November 30, 2006 at 11:50 pm Leave a comment

My guess was correct. As mentioned in my earlier “Makro on sale” posting, Tesco is the successful bidder for Makro outlets. You can read the announcement in the Business Times today. So another retailer is going to leave Malaysia’s retail environment. Tesco is going to grow, not tremendously since there are duplication of outlets.


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