date:Apr 30, 2014
econd year of falling profits at Tesco, and senior analyst Sven Reinke said that We are putting Tesco's rating on review for downgrade following a 6% drop in the group's fiscal 2013-14 trading profit.
Moody's anticipates that a highly competitive retail environment in the UK in which Tesco has been losing market share recently coupled with continuing difficult economic conditions in Ireland and Thailand and a slow economic recovery in some of its other markets, will constrain Tesco's operatio