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• Tesco CEO Sir Terry Leahy said this week that the company has committed “to reduce the amount of packaging on both branded and Tesco own label products by 25% by 2010.

"We will also label all our packaging according to whether it can be re-used, recycled or composted – and if it cannot, we will label that too. The first labeled products will be on our shelves by 2008," Leahy said.

• Tesco this morning announced its newest small store initiative – not in the US, where it will open stores later this year, but in Japan, where it will begin opening Tesco Express units beginning later this month.

Tesco already operates 100 supermarkets under the "Tsurukame" banner in Japan, and these will be the first units operated there under its own name.
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