Tesco US in top ten supermarkets by 2015

British grocer Tesco Plc could sales $10 billion with its Fresh & Easy n the United States by 2015, TNS Retail Forward said

 "There is demand for this type of concept, and we expect other U.S. retailers to be watching Tesco closely for ideas on how to tap into this buoyant market," said Jennifer Halterman, senior consultant at TNS Retail Forward, in the report. The research firm said rapid U.S. expansion will be a key sales driver for the grocer, and by 2011, Tesco could be a $4 billion retailer in the United States with 500 stores. But Tesco will still be small compared with its competitors.

TNS estimates that by 2011, Wal-Mart Stores will have total U.S. sales of $300 billion, including sales at its supercenters, discount stores and neighborhood markets. It estimates Kroger Co will have sales of $83 billion by 2011, while Safeway Inc will have sales of $47 billion. TNS Retail Forward said Fresh & Easy could generate sales of $900 per square foot per store, nearly twice the supermarket average.