Tesco Neutralston

Tesco Neutralston Limited was the Neutralstonese Subsidary of supermarket group Tesco. Tesco Neutralston was formed in 1990 when Tesco opened their first Neutralstonese store in Bennington City to huge fan-fare. Before being merged with TPZ Stores in 2002, Tesco Neutralston had a market share of 12.3% and had over 20 stores throughout Neutralston. Tesco operated full-sized supermarkets under the main "Tesco" brand, smaller urban stores under the "Tesco Metro" banner and hypermarkets as "Tesco Extra". However customer numbers would struggle to increase during the late 90s as many people shopped at TPZ or SaintBens, rather than at Tesco. This would result in Tesco Neutralston accepting a merger deal with TPZ Stores in 2002 and Tesco leaving Neutralston entirely.
History
On 6th May 1990, the first Tesco location in Neutralston opened in Bennington City, this was the first time that Tesco attempted to compete in the Neutralstonese Supermarket Scene. This first store was situated in the Javiers Brother's Retail Park, within the first month the store had seen numerous customers coming and going, as a result this prompted Tesco Neutralston to open more stores across the Country with 2 others being Tesco Extras and most of them being Tesco Metros within small towns. However this short bubble wouldn't last long as in 1993, Competitor TPZ Stores would begin their Renovation Program which would see all TPZ Stores be either rebuilt or renovated to modern code, this would result in Tesco Neutralston losing many of their customers to TPZ, decreasing its Market Share in Neutralston.
TPZ Merger
In 1996, TPZ Stores announced that they had interest in merging with Tesco Neutralston as part of a Company Merger which would see TPZ take most of the shares of the company. Tesco initially declined the offer stating they had no interest in selling off the Neutralstonese Subsidiary, however as customer rates kept decreasing throughout 1999 and 2000, Tesco would eventually reach a deal with TPZ which resulted in Tesco Neutralston merging with TPZ Stores and Tesco selling all of the shares of Tesco Neutralston to TPZ. This merger would take place on 19th January 2002, with Tesco Neutralston dissolving the same day.