Tesco‘s (LSE: TSCO) new distribution deal with the Spanish department store El Cortes Ingles won’t on its own move the dial for the British grocery giant, but it does highlight the new direction Tesco is taking in expanding overseas.

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Owain Bennallack owns shares of Tesco. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.