UPDATE 2-Tesco quits US as profits fall for first time in 20 years
April 17, 2013 at 03:30 AM EDT
LONDON, April 17 (Reuters) - Tesco, Britain's biggest retailer, will exit its loss-making business in the United States, taking a $1.5 billion writeoff that caused its annual profit to fall for the first time in 20 years.
