date:Aug 27, 2013
ategy in 2004 has also been a factor in the demise of the once fabled retailer. History, and recent history at that, is littered with similar tales of foreign companies trying to penetrate Chinese mainland. The British retailers BQ PLC and Marks and Spencer PLC are prime examples, both having had little success in China and both having initially sought to transplant their British business model.
However, all of the above stand out as symptoms of Tesco's poor performance in China. The root cause