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Associated Press
FILE - This undated photo made available by Tesco PLC shows Tesco chairman, Richard Broadbent. The chairman of Tesco, the world's second-biggest retailer behind Walmart, announced his resignation Thursday, Oct 23, 2014, amid an accounting scandal in which the company admitted it had overstated its projected profits. Richard Broadbent said he will step down once a successor is found while the company confirmed its financial troubles continued, with a 99 percent drop in first-half net income to 6 million pounds ($9.6 million). (AP Photo/Tesco PLC) NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

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