date:Jun 12, 2012
its core international markets.
Signs of stabilisation
They concluded:We are encouraged that there are signs of stabilisation in the UK after sustained under performance whilst[the firms]International[business]is proving more robust than we expected.
In a statement, Tescos ceo Philip Clarke, said:Tesco has performed robustly in the first-quarter despite subdued consumer confidence in all our markets.
In April Clarke announced a 1bn investment plan that he promised wouldput the heart and soul