Tesco's shares slid 3.6% this morning (17 April) after the UK's largest retailer revealed a drop in annual profits and confirmed it will exit the US. The group did, however, sound an upbeat note on...
UK retail group Tesco has said it will look to exploit "skill and scale" to expand its international sales in growth economies in 2013.
UK retail giant Tesco said it has received its first set of offers from prospective buyers for its US Fresh & Easy chain after confirming it will now exit the market.
Tesco saw its shares slide this morning (17 April) as the UK's largest retailer revealed a drop in annual profits and confirmed it will exit the US.
Tesco CEO Philip Clarke today (5 December) insisted the UK retailer had given its US chain Fresh & Easy "our best shot" as he outlined plans to possibly sell the business.
Tesco CEO Philip Clarke has said retailers must embrace a strategy of "mass personalisation" as consumers increasingly use new channels to shop. Speaking to delegates at the World Retail Congress…
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