Tesco overseas growth offsets slow UK - Financial Times
Tesco is to increase the pace of its expansion in the US, it announced on Tuesday, roughly doubling the rate of its current roll-out of the Fresh & Easy chain, even as it announced the closure of 13 stores. The plan will bring the chain close to 400 stores
Source: www.ft.com
Tesco First-Half Profit Advances 9.1% as Its International Sales Rebound - Bloomberg
Tesco Plc , the U.K.’s largest retailer, reported a 9.1 percent gain in first-half earnings as sales improved at its international division and said its money- losing U.S. Fresh & Easy unit will be profitable in fiscal 2013. So-called trading profit, a measu
Source: www.bloomberg.com
UK grocer Tesco says 1st half profit up 15 percent, sales up 8 percent - Republic
LONDON — Tesco PLC, the world's third-largest retailer, said Tuesday that its first-half profit rose by 15 percent as the grocery company benefited from recovering economies, particularly in Asia. For the six months ending Aug. 28, Tesco reported a net
Source: www.therepublic.com
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