All Tesco articles – Page 221
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OpinionDo retail leaders need retail experience?
The attack by Sir Ken Morrison on Marc Bolland was interesting for the fact that the life president of Morrisons could not get over his former chief executive not being a retailer, says Moira Benigson
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NewsTesco and Sainsbury’s insist growth to come
Grocers positive despite high petrol prices and low inflation hitting Q1 sales
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AnalysisRichard Brasher
He may not have got the top job, but Tesco’s commercial chief will have a huge role as chief executive of its UK business next spring. Jennifer Creevy reports
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OpinionBaptism of fire awaits the new grocery chiefs
Falling inflation isn’t the only reason why it feels a golden age of grocery retailing is coming to an end. Three of the big four are either under new chief executives or soon will be.
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NewsCity takes Q1 grocery slowdown in its stride
Grocers lagged the market as lower food price inflation contributed to lacklustre first-quarter like-for-like growth at Sainsbury’s and Tesco - 1.1% in each case before the VAT change is taken into account.
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News
Samsung Tesco Homeplus in talks to take over Kim’s Club Mart
Samsung Tesco Homeplus, Tesco’s South Korean venture, is in negotiations to take over local retailer Kim’s Club Mart. It has been reported that Samsung Tesco Homeplus has agreed to buy 98% of Kim’s Club Mart for KRW300bn (£165m).
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NewsTesco’s UK performance hit by petrol prices and low food inflation
Tesco has reported UK like-for-like sales were up just 0.1% excluding petrol and VAT-adjusted in the 13 weeks to May 30, hit by rising petrol prices and low food inflation.
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NewsTesco leads school uniform price war
Tesco has once again undercut retailers including Asda and Marks & Spencer by selling a full school uniform outfit for £3.75.
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NewsTesco fresh foods chief Colin Holmes quits
One of Tesco’s rising stars announced his resignation yesterday, in the same week that Sir Terry Leahy stepped down and international chief Philip Clarke was named his successor.
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NewsSir Terry Leahy, the visionary who transformed Tesco
With his constant focus on the customer, Sir Terry is hailed for turning Tesco into a global operation
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NewsUncertainty hits food and general retailers
The week in retail was dominated by the surprise announcement of Sir Terry Leahy’s plans to retire as chief executive of Tesco next March. Tesco shares fell more than 2% on Tuesday as the City digested the news, but analysts were happy with the appointment of Tesco veteran Phil Clarke ...
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AnalysisHow to combat staff football fever
Managing shift requests for time off is a challenge during the World Cup.
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NewsTesco signals global push with Philip Clarke’s promotion
The international chief’s appointment points to a step up in grocer’s global growth
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NewsSuccessor Philip Clarke ‘cut from the same cloth’ as fellow Liverpudlian Sir Terry Leahy
Philip Clarke, who will become only the sixth Tesco chief executive in the company’s 80-year history when he takes the helm next year, has been picked to succeed Sir Terry Leahy for his “wide experience, drive and energy”.
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NewsTough challenges that have to be faced by Tesco’s Philip Clarke
Tesco’s seamless succession planning has been lauded by the City as a success, but analysts warn that incoming chief executive Philip Clarke has a tough job ahead of him.
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NewsAsda claims Price Guarantee will be as revolutionary as Clubcard
Asda has claimed that its Price Guarantee will go down as a “moment in history” with the capability to become as important a part of its business as Clubcard is for Tesco.
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OpinionSir Terry Leahy: one of retail’s all-time greats
Cast your mind back to February 1997. Tesco had just taken top spot in the grocery rankings, but at about 20%, its market share was only 2 percentage points above Sainsbury’s.
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News
New Reliance team charged with doubling business in 5 years
Reliance Retail has hired an expert retail management team from Thailand and Europe to spearhead its retail business.“The company has hired a team of 35 senior executives from various retail giants like Tesco Lotus of Thailand, European retail giant Morrisons and the US retailer Walmart. It will work under Gwyn ...