'Not Entirely Unexpected'
David Gray, a research analyst at Planet Retail, London, said the strategic review was “not entirely unexpected, considering the company’s earlier announcement to restrict capital investment in [Fresh & Easy].” According to one observer quoted in the Financial Times of London, “For a business that accounted for just 1% of Tesco’s sales in the first half of the year, it attracted a disproportionate amount of attention.” One observer said Clarke ...
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