date:Jul 08, 2013
For Tesco, the companys chief executive, Philip Clarke, has described the effort in the UK as 'Herculean', but that he believes there is five more years' worth of work to come over the year ahead. While for Carrefour the divestment of operations has put further focus on France and the retailers portfolio in other Western European markets.
Competition to remain fraught in 2013
Competition remains fierce and the focus on these elements by the regions leading retailers is set to continue for th