Lee Scott has always maintained that Asda was outmaneuvered by Tesco's convenience format in the U.K. and apparently he's not willing to let the same thing happen in the U.S. According to a report by the Financial Times, Wal-Mart plans to open four small-format grocery stores in Arizona this year under the "Marketside" banner in response to Tesco's entry into the U.S. with its Fresh & Easy format. What is your reaction to news of Wal-Mart opening smaller format stores?
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