Tesco's UK sales fall as recovery plan struggles

Tesco, the world's third-biggest retailer, has seen a drop in quarterly underlying sales in its main British market, it reported on Monday, showing its recovery plan following a shock profit warning in January is taking time to gain traction. Photo: TescoThe supermarket group, with over 6,000 stores in 14 countries, said consumer confidence was subdued across all of its markets, with total sales up 2.2 percent including petrol in the 13 weeks to May 26, its fiscal first quarter. Once one of the

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