Title: TESCO Retail
|Date:||February 9, 2015|
|Length:||2 / 340|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
. . 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...
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Retail stocks have been some of the worst performers in the FTSE over the past two weeks as a glut of poor trading statements have stoked wider concerns about the outlook for 2008.
Tesco said it still wanted to see a cut in UK interest rates and played down talk of food price inflation, saying that deflation in non-food items had offset any gains in food to keep inflation steady at 1 per cent...
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