Tesco in the US Archives - Just Food
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Tesco in the US

US: Wal-Mart issues stark profit warning

US: Wal-Mart issues stark profit warning

Wal-Mart warned today (14 August) that its full-year profits would not meet its initial targets thanks to consumers worldwide tightening their belts. Wal-Mart president and CEO Lee Scott said customers are feeling "economic pressure".