Comment: Tesco needs time - will it get it?

By Dean Best | 12 June 2012

Looking at Tesco's first-quarter sales figures, it seems trading remains tough for the UK's largest retailer. However, Tesco has only just started introducing the changes it hopes will revitalise its domestic business. That said, competition remains fierce and the fall in Tesco's share price suggest investors are less than confident about the prospects of a recovery in the short term.

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Looking at Tesco's first-quarter sales figures, it seems trading remains tough for the UK's largest retailer. However, Tesco has only just started introducing the changes it hopes will revitalise its domestic business. That said, competition remains fierce and the fall in Tesco's share price suggest investors are less than confident about the prospects of a recovery in the short term.

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