date:May 08, 2014
ite a 1billion turnaround plan. Its sales in the 12 weeks to April were down by 3 per cent on a year ago.
Last month it was revealed that Tesco's profits had fallen for the second year running as its rivals continue to eat into its market share, which is at a ten-year low. Britain's biggest supermarket posted a six per cent fall in its pre-tax profits to 3.3billion in the past 12 months, down from 3.45billion a year earlier.
Tesco is still by far the biggest UK supermarket with 28.6 per cent o