Weak demand and slimmer retail margins eat into airfreight spend
Concerns over excess inventories at retailers are misplaced: the real issue is weak demand and ...
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Oh how the mighty have fallen! The story of Tesco’s journey from humble retailer to out-of-town landbank champion behemoth and now to goodness knows where is charted in this Guardian timeline. At one point it looked set to challenge Walmart for position of number one global retailers, but failures in its international investments; its mistaken response to the growth of omni-channel retailing and its reliance on huge hypermarkets now seem to spell nothing but doom.
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