If you’re a supermarket shareholder, you should pay attention to news coming from the rest of the sector. Here, Nate Weisshaar and Owain Bennallack look at news coming from Walmart (NYSE: WMT.US)-owned ASDA that it is set to roll out a significant number of new supermarkets and superstores; in contrast, Tesco (LSE: TSCO) management have stated that they have no plans to open more stores, and indeed are focusing on convenience stores rather than superstores. So who has it right?
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Owain, Nate and The Motley Fool all own shares in Tesco.