Best bits: Little sign of challenges easing for Tesco
This coming March, Philip Clarke will have been Tesco CEO for three years. It has been a challenging period and,…
ByThe challenges facing Tesco
Tesco may have stuck to its profit forecasts for its financial year but another quarter of falling sales – with LFLs down in every market – shows the scale of the task in front of CEO Philip Clarke.
Talking shop: Tesco faces “difficult decisions” at home and abroad
Tesco clearly has a lot on its plate. On the one hand, the UK's largest retailer is focused on transforming…
What the analysts say: Tesco’s weak performance leaves market divided
The disappointing third-quarter top-line performance reported this morning (4 December) by Tesco has left analysts divided over the group's strategy.…
UK: Tesco LFL sales decline continues
Tesco's sales came under increasing pressure in its third quarter, when the UK retailer again booked like-for-like declines at its…