date:May 28, 2014
sn't produced any return, said Mike Dennis, analyst at Cantor Fitzgerald.
This is probably going to lead Tesco to close more stores in the central part of Turkey and scale down its investment into Turkey. So by definition the drag on Tesco's group return on capital is going to continue.
Kipa said in its statement on Tuesday that Tesco's talks with various companies regarding partnership options had ended without agreement, while Tesco only said it had ended talks concerning potential options f