Tesco quits U.S. and takes $3.5 billion global writedown
LONDON (Reuters) - Britain's biggest retailer, Tesco, wrote down the value of its global operations by $3.5 billion and announced plans to exit the United States, as it sought to rebuild after a year in which profit fell for the first time in two decades. Full story
Tesco's year-old revamp weaned on fresh food focus
LONDON (Reuters) - After a decade pushing its non-food business, Tesco <TSCO.L>, Britain's biggest retailer is changing, and a conspicuous focus on fresh produce greets shoppers at its newly styled superstores. Full story
Tesco to source more meat in Britain
BIRMINGHAM (Reuters) - Tesco <TSCO.L>, the world's third-largest retailer, said it would buy more meat from its home market in Britain and shorten supply chains after the discovery of horsemeat in beef products shook consumer confidence in supermarket sourcing. Full story
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The Chief Executive of Tesco plc Philip Clarke prepares to speak during the National Farmers Union conference in Birmingham
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The Chief Executive of Tesco plc Philip Clarke speaks during the National Farmers Union conference in Birmingham
The Chief Executive of Tesco plc Philip Clarke speaks during the National Farmers Union conference in Birmingham, central England February 27, 2013. REUTERS/Darren Staples (BRITAIN - Tags: ANIMALS BUSINESS POLITICS ENVIRONMENT FOOD)
Trolleys are stacked outside a Tesco store in Hammersmith, west London
Trolleys are stacked outside a Tesco store in Hammersmith, west London October 3, 2012. REUTERS/Paul Hackett
