Tesco Set To Announce Second Year Of Falling Profits
date:Apr 15, 2014
owett linked to the post.

Mr Clarke is in the midst of a 1 billion turnaround plan which was launched in the face of last years first fall in group profits in nearly 20 years.

Latest industry figures showed that Tesco saw its market share fall to 28.6% in the 12 weeks to March 31, from 29.7% a year earlier.

Last week, it emerged that finance director Laurie McIlwee is to step down after 14 years at Tesco amid reports that he had lost faith in his bosss strategy to turn around the companys per
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