date:Jun 03, 2014
Tesco, Britain's biggest retailer, is expected to report on Wednesday its worst quarterly performance in its key home market since Chief Executive Phil Clarke took the helm in 2011.
Price cuts and a weak food market are forecast to have hurt sales at the supermarket operator, raising further questions about Clarke's trading strategy.
He is two years into a turnaround plan for the British market which contributes two-thirds of sales and profit at Tesco, the world's third-largest retailer after