Issue 2012 January 17th

This issue was created on 2012-01-17 11:01:00

  • Tesco results spark real estate growth fearsJanuary 17, 2012
A profit warning and poor trading results at UK grocery giant Tesco last week have sparked fears of a major slowdown in its domestic real estate expansion plans. Coupled with flaccid results in the US, where 12 more stores are slated to close, question marks have been raised about where Tesco will direct its capital expenditure.
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