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Don't count out Tesco

Don't count out Tesco

Tesco has been in the news a lot recently, with the high profile replacement of their current CEO Phillip Clarke with a Unilever executive Dave Lewis. Lewis will inherit a company searching for direction, with slumping sales in their home U.K. market as well as struggles in most of their foreign outposts. And, of course, there have been the well covered stories of their failed U.S. venture and a similar story in China. Clearly, this is a company with its share of troubles.

At the

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