Comment: UK travails central to Tesco’s US U-turn
When pondering why Tesco has decided to consider quitting the US, one must look at the UK retailer's challenges at…
ByTesco set for likely US exit
Five years after entering the US market, CEO Philip Clarke has said Tesco is "considering all options" for the loss-making business and indicated it may exit the market.
Timeline: Tesco’s attempt to crack the US
Almost seven years since Tesco first announced its plan to enter the US, the UK retailer has today (5 December)…
ByUK/US: Tesco US review “likely” to lead to exit – CEO Clarke
Tesco is "likely" to quit the US, CEO Philip Clarke admitted today (5 December), after the UK's largest retailer confirmed…
ByWRC 2012: Fresh & Easy “fighting nicely” – Tesco CEO Clarke
Tesco CEO Philip Clarke today (19 September) insisted the UK retailer would continue to persist with Fresh & Easy, the…
ByUS: Tesco puts Fresh & Easy break-even target back
Tesco has said its target to make its US Fresh & Easy business break even by the end of the…
Talking shop: Tesco’s Japan exit prompts more questions
Tesco's decision to quit Japan is Philip Clarke's first significant strategic move as CEO but the move has led industry…
ByTalking shop: Has Tesco been “foolhardy” in the US?
Speculation is mounting over the future of Tesco's operations in the US. Investor Warren Buffett has described the venture as…
UPDATE: US: Fresh & Easy losses “must come down” – Tesco CEO Clarke
Tesco CEO Philip Clarke said today (19 April) that it was "essential" that losses from its US business Fresh &…