Sales at Fresh & Easy, Tesco's first foray into the American grocery market, are 70 per cent below expectations as customers have failed to warm to the business, an analyst claimed yesterday.
Added: 2008-03-15
Tesco denies that US venture Fresh & Easy is struggling
Category: varial newsBritish Land hit by £1.9bn writedown
British Land compared the UK commercial property sector to a battleground as it unveiled a £1.9bn writedown in its net assets.
Boat Race winner runs face-to-face lender
City Profile: Boat Race winner and former Visa boss Christopher Rodrigues insists his new venture has nothing to do with sub-prime. Richard Northedge talked to him.
Tibet protest against China erupts in shootings
A week of protests against Chinese rule in Tibet has turned violent with hundreds of rioters burning down shops and setting fire to police and other cars.