The Conversation

What is going on at Tesco?

Author: The Conversation

The supermarket's in a trolley load of trouble.Andrew Milligan/PA Wire

Tesco boss Dave Lewis' big shake-up of the struggling supermarket has hit the company balance sheet. The company reported a pre-tax loss for the year of £6.4 billion – one of the biggest in UK corporate history.

To be fair, a lot of this was one-off charges: a fall in...

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