I finished off my christmas shopping in Tesco with a few CD's I could not believe actually how much cheaper the CD's were in Tesco compared to the high street I bought Robbie willliams album for £9.67 when in the shops its retailing at £13-£14 check out what I am talking about mega savings....turnover on online non food items was up 100% aswell..... but have a look at these savings go to www.tesco.com then try
www.hmv.co.uk
try typing in escapology which is new Robbie Album.
also I believe Walmart trades on a P/E of near 40 Tesco 15 I would say there are benefits to either floating in US or to try and a get a foot hold, we will see.
Tesco again very cunningly has let all the supermarkets start price wars a few months ago and kept things more or less as they were until now where they are pulling out the stops watch the TV over the next few days you should see adverts for 50% reductions half price sale etc etc.