Hellow Tesco, Goodbye Wal-Mart?

Even with their new snazzy logo, is Wal- Mart gonna be second place in the U.S.?

"British retailer Tesco entered the U.S. market only last year but already it has managed to put Wal-Mart (WMT), the world's No. 1 retailer, on the defensive. Tesco (TSCO.L) fired the first salvo, in a battle that retailing analysts expect will intensify, by launching Fresh & Easy, a chain of 10,000-square-foot convenience stores, in cities across California, Nevada, and Arizona in November 2007. "

via businessweek