date:Jun 04, 2013
n part because it sells more discretionary goods like homewares and electricals where shoppers have been cutting back most.
Analysts reckon Tesco also suffered in its first quarter because poor weather meant shoppers shied away from seasonal ranges and said trading may have been hit by the discovery across Europe of horsemeat in products labeled as beef.
Tesco was one of several companies forced to withdraw some goods and apologize to customers.
We believe Tesco is still struggling to change