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Tesco's tough times: Supermaket chain reports record loss

2015-04-22 3 Dailymotion

<p>Tesco, the world's third-largest retailer, has reported the biggest pre-tax loss in its 96-year history, of €8.9 billion. The company's earnings were hit by a writedown of the value of its stores, and increased competition from low-cost rivals. Also today: Kraft makes a key change to a classic American comfort food.</p><br /><br />Visit our website:<br />http://www.france24.com<br /><br />Like us on Facebook:<br />https://www.facebook.com/FRANCE24.English<br /><br />Follow us on Twitter:<br />https://twitter.com/France24_en

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