Tesco sees sales fall

10 Dec 2012

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Tesco has noted a fall in sales across Central Europe in its third quarter which ended on 24 November 2012.  Across Europe as a whole like for like sales fell by 3.6 percent.

In Slovakia Tesco noted a fall in like for like sales of 2.1 percent, buy in Poland 6.6 percent and in the Czech Republic of 9.2 prcent.

The company puts this down to the slowing economy noting that in central Europe the only bright star was own label clothing.  It is hoping that the Christmas season will make up for these losses.

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