The chief executive, Philip Clarke, has had to reconstruct Tesco at home and abroad at considerable cost - which is what is visible in today's announcement that profits have halved.
But the idea that selling abroad creates jobs at home and buying abroad destroys jobs at home is an old mercantilist fallacy that Adam Smith handily refuted more than 200 years ago.
They want the monarch to empathise with people and symbolise Britain, as well as acting as an ambassador at large abroad.
Deborah Derrick: While I was an undergrad at Duke, I spent my junior year abroad at the London School of Economics, and there my world was really cracked open.
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From signing the Lilly Ledbetter Fair Pay Act into law and creating the White House Council on Women and Girls to combatting sexual assault and promoting women's economic and political empowerment at home and abroad, we have worked to ensure women have the opportunities they need and deserve at every stage of their lives.
WHITEHOUSE: Presidential Proclamation - Women��s Equality Day, 2012
Despite the predictions of their demise, the mall, both at home and abroad, appears far from finished.
But there isn't much of a market for them either at home or abroad.
And Mr. Bush must expect that his critics at home and abroad will gleefully pile on.
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Conditions we face, at home and abroad, are results of choices made and challenges unmet.
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And we will continue to focus on empowering women and girls at home and abroad.
WHITEHOUSE: Statement by the President on International Women��s Day
The lasting effects on public opinion, at home and abroad, are hard to guess.
Mr Ben Ali faced reproach at home and abroad for his party's three "99.9%" election wins.
Their task will be to promote products and companies both at home and abroad.
Rural Affairs Secretary Richard Lochhead said the Roslin Institute benefited farmers both at home and abroad.
My government will continue the fight against terrorism and serious crime at home and abroad.
Nike also robustly rejects accusations made both at home and abroad that it exploits its workers.
The three-and-a-half-hour trip is so seamless it is hardly like travelling abroad at all.
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That we will defend our people and our values both at home and abroad.
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Krieble, for his outstanding role in advancing the cause of freedom at home and abroad.
But keeping the tainted Mr Rumsfeld could be just as dangerous, both at home and abroad.
So Mr Meles is up against it, at home and abroad, but apparently relishing the challenges.
Mr Annan is as much troubled by atrocities carried out by tyrants at home as abroad.
The loss of power is compounded by a loss of consumer confidence, both at home and abroad.
We can also greatly reduce our vulnerability to disruptions of critical energy infrastructures, at home and abroad.
These enable people in Japan to call abroad at the lower international rates charged in other countries.
As the former Allied commander in Europe, Eisenhower's strategic credentials were unassailable both at home and abroad.
How might the candidate react when his leadership is really needed, in a crisis at home or abroad?
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