date:Jan 11, 2013
ated its hold advice on Tesco stock.
Tesco also announced in its trading statement that Chris Bush had been appointed UK md.
Meanwhile, MS reported food sales up by 0.3% but sales of general merchandise down by 3.8%.
The grocers chief executive Marc Bollard said: Our food business has performed very well with record sales over the key Christmas trading period.
But, he added: Our general merchandise performance is not yet satisfactory but we are confident that the steps being taken by the new