date:May 28, 2014
or its Turkey business.
GRADUAL IMPROVEMENT?
Instead, Tesco said it would accelerate a plan to focus the business on Kipa's heartland around Izmir on Turkey's western coast, which it has said is very profitable, while minimising capital spending and improving profitability.
The efforts of the team in Turkey are already evident in a stronger customer offer and improved performance and there is more we can do to drive stronger cash generation and returns, Tesco said in a statement.
Tesco has b