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The news that Tesco has appointed Dave Lewis as its new CEO has prompted many in the industry to compare Tesco’s tribulations with those of global rival Carrefour.
Marks & Spencer returned to France last autumn with a bricks-and-clicks strategy as part of its plan to reduce dependence on the sluggish U.K. home market. P
In late September Tesco rolled out the Big Price Drop, a program to cut prices on staples like milk, bread, fruit and vegetables, as well as products in the home and electronics categories.