LONDON (Reuters) — Incoming Tesco boss Dave Lewis was served a stark reminder of the challenge he faces to
revive Britain's No.1 grocer on Wednesday, as industry data showed its sales decline had worsened, hurt by the weakest market growth in a decade.

The data from market researcher Kantar Worldpanel showed Tesco's sales fell 4 percent year on year in the 12 weeks ended Aug. 17, with its market share dipping to 28.8 percent from 30.2 percent.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus