date:Jun 04, 2013
s well as falling sales in Britain, analysts expect Tesco to report further like-for-like declines in central Europe, hit by recession in the euro zone, and in Asia where it has been hindered by restrictions on trading hours in South Korea, its largest overseas market.
The UK still lacks momentum and international is going from bad to worse, said Investec analyst Dave McCarthy.
In April, Tesco wrote down the value of its global operations by $3.5 billion and confirmed it would exit the United