date:Apr 18, 2013
s discontinued operations and said the total impact to profit after taxes would be 1.2 billion ($1.83 billion), including 169 million in trading losses and 1 billion in non-cash items related to impairment of fixed assets and lease provisions.
In December 2012, Tesco said it was conducting a strategic review of the Fresh Easy format, because the chain was not delivering an acceptable shareholder return. In October, Tesco also said it would limit new capital investment in the chain on reducing