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• In the UK, the reports that Tesco has sold 14 sites that it previously wanted to build on, as a way of reducing its financial exposure at a time when "underlying profits for the first half of the financial year ... more than halved."

The story notes that the sale is worth more than the equivalent of $380 million (US), the story says, and follows a decision last January when "Tesco walked away from 49 large supermarkets, some of which had already been built and closed 43 unprofitable stores."
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