The Friday Checkout: Could Tesco become an e-commerce provider for US grocers?

Tesco, the UK's largest grocer, is in talks with several US grocers about providing them with e-commerce services

The talks are at an early stage, but if a deal is reached, Tesco would provide the US grocers with its online grocery platform, as well as its expertise in online grocery delivery and fulfillment.

This would be a major coup for Tesco, which has been struggling to grow its UK business in recent years.

The US grocery market is much larger than the UK market, and it is growing faster. In addition, US grocers are increasingly looking to partner with e-commerce providers to help them grow their online businesses.

If Tesco is able to secure a deal with one or more US grocers, it would give the company a major foothold in the US market.

Tesco has a proven track record in online grocery

The company has been operating its online grocery business in the UK for over 20 years. In that time, it has built up a loyal customer base and a robust e-commerce platform.

Tesco's online grocery business is one of the most profitable parts of its business. In the 2022 fiscal year, Tesco's online grocery sales grew by 12%. This growth was driven by increased demand for online grocery delivery and fulfillment services.

US grocers are increasingly looking to partner with e-commerce providers

US grocers are facing increasing competition from online retailers such as Amazon.com. In order to compete, US grocers are looking to partner with e-commerce providers to help them grow their online businesses.

Tesco is one of the few e-commerce providers with the expertise and experience to help US grocers grow their online businesses. Tesco has a proven track record in online grocery, and it has a strong understanding of the US grocery market.

If Tesco is able to secure a deal with one or more US grocers, it would be a major coup for the company

The US grocery market is much larger than the UK market, and it is growing faster. In addition, US grocers are increasingly looking to partner with e-commerce providers to help them grow their online businesses.

If Tesco is able to secure a deal with one or more US grocers, it would give the company a major foothold in the US market.