Villich News

Tesco in talks over struggling Turkish business


The Guardian - 25-Feb-2014

s biggest retailer has been in Turkey since 2003 but has suffered poor trading from its 191 stores recently, with underlying sales at Tesco Kipa falling 10.7% in its second quarter to the end of August. Last October, Tesco said its business in eastern Turkey could be restructured, but it would not exit the country. Under pressure to turn around falling sales in its main domestic market, Tesco has done...


Read full article at The Guardian


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