date:Jan 10, 2014
tion of large ticket non-food items, such as widescreen TVs, where shoppers cut back the most in the downturn.
Chief Executive Clarke is now re-focusing the firm's non-food offer on higher margin categories like clothing and homewares but the process has been slow, reflecting the scale of the firm's over 3,100 UK stores. He is also investing heavily in digital services, local convenience stores and click-and-collect points.
Tesco shares, down 6.6 percent over the last year, closed Wednesday at