Tesco, the UK's leading grocery chain, is understood to have bought around 90 acres of land in southern California where it is expected to produce a distribution center to service its proposed convenience stores in the state.
Citing documents filed at the Riverside County assessor’s office, California’s Press-Enterprise news agency reported that Tesco has purchased 88.4 acres of land near the March Air Reserve Base, which is located between Riverside and Perris.
The center, located at the 1,000-acre Meridian business park, will be located in a growing distribution hub for many companies transporting goods throughout California.
In February Tesco announced plans to open at least 100 stores during its first year of operation in the US, focusing on Los Angeles and San Bernardino counties in California. The retailer said it would spend $460 million a year to fund the project.