TESCO Retail

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Title: TESCO Retail

Essay Details:

Subject: Business

Author: Kellie H

Date: February 9, 2015

Level: University

Grade: A

Length: 2 / 340

Essay text:

. . Most people would give their right arm for these types of numbers." Mr Higginson said the overseas business - which stretches from the US to China - offered resilience against a softening in the UK. He said central Europe had delivered a 30 per cent sales uplift. Overall the international business, which now accounts for nearly a quarter of group sales and a fifth of profits, enjoyed sales growth of 26.9 per cent. The IGD, the food research body, said yesterday that it expected Tesco's international turnover to increase by ?30bn ($59bn) to ?74bn by 2012. But it was the UK performance that captured the market's attention yesterday as the shares dropped 3 per cent on the disappointing trading figures...

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