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By Staff on January 10, 2013
There’ll be extra muffins at Tesco Towers in Cheshunt this morning as the UK’s biggest retailer posted a 1.8 per cent sales gain in the six weeks to January 5, including the key Christmas period. The figures flatter somewhat as they compare with a disastrous 2.3 per cent sales decline in the same period last [...]
Posted in Agencies, Clients, Creative, Finance, News | Tagged aldi, Asda, Chris Bush, christmas sales, fresh & easy, Morrisons, online sales, Philip Clarke, Sainsburys, Tesco, wieden+kennedy
By Stuart Smith on December 7, 2012
Chief executive Philip Clarke’s ruthless dispatch of his number two, Tim Mason (left), is a final reminder – if any were needed – that the past is another country, so far as Tesco is concerned. They did things differently there; they will never do them the same again. Eventually, someone had to pay the price [...]
Posted in Clients, Finance, News | Tagged corporate hubris, fresh & easy, Philip Clarke, Simon Uwins, Sir Terry Leahy, Tesco, Tim Mason, us retail
By Stephen Foster on December 5, 2012
All companies make mistakes at some point and Fresh & Easy was a massive one for Tesco. So now Tesco is to close or offload (if it’s lucky) its West Coast convenience store venture: not just putting the patient out of its misery but shooting the doctor too, long-serving Tesco marketing boss Tim Mason who [...]
Posted in Clients, Finance, News | Tagged Asda, fresh & easy, Phil Clarke, Sir Terry Leahy, Tesco, Tim Mason, walmart, west coast
By Stephen Foster on July 4, 2012
Embattled Tesco CEO Philip Clarke (and he’s only been in the job for a year) told shareholders in Cardiff the other day that the giant UK retailer might scrap its Fresh & Easy convenience store venture in the US. “If we see there is no chance of success, we’ll do as we’ve just done in [...]
Posted in News | Tagged baby spinach, colney hatch lane, fresh & easy, north london, Philip Clarke, Tesco, us retail, west coast
By Stephen Foster on October 6, 2011
You have to feel for Tesco CEO Phil Clarke (pictured), no sooner had he taken over from long-serving and highly successful predecessor Sir Terry Leahy, than UK retail sales fell off a cliff, hitting supermarket food sales too for the first time in decades. Tesco’s like-for-like food sales fell 0.9 per cent in the second [...]
Posted in Agencies, Clients, Finance, News | Tagged clubcard, falling food sales, fresh & easy, Lowe Howard-Spink, marks & spencer, Morrisons, Phil Clarke, recession, Royal Bank of Scotland, Sainsburys, Sir Frank Lowe, Sir Terry Leahy, Tesco, tesco bank, uk consumers, Waitrose
By Angie Dean on June 7, 2011
New Tesco CEO Philip Clarke mused a couple of weeks ago that non Tesco-branded brands (bear with us) was a direction the company was looking at and the dynamic former international director has been as good as his word, launching three of them, ChokaBlok ice-cream, La-thams dog food and NutriCat cat food. The giant retailer [...]
Posted in Clients, News | Tagged brands, chokablok, finest, fresh & easy, la-thams dog food, Matt Atkinson, Nestle, nutricat, Philip Clarke, procter & gamble, Sidonie Kingsmill, Tesco, Tim Mason, unilever
By Stephen Foster on March 1, 2011
Sir Terry Leahy retires as CEO of Tesco today and, as ever, his timing is good. When he announced his impending retirement last year there was a degree of surprise. At 55 he’s still relatively young and, as one surprised commentator put it over the weekend, he doesn’t even get his pension for another three [...]
Posted in Agencies, Clients, Creative, News | Tagged fresh & easy, Lord McLaurin, Lowe Howard-Spink, Philip Clarke, Sir Frank Lowe, Sir Terry Leahy, Tesco
By Stephen Foster on October 14, 2010
He used to be one himself of course and Sir Terry Leahy of Tesco was pulling no punches as he told a business audience in London that “there should be more marketers as CEOs” because “the customer is a great place to build a business from and so understanding the customer and how to keep [...]
Posted in Clients, News | Tagged Carolyn Bradley, clubcard, fresh & easy, Lowe Howard-Spink, Philip Clarke, Sir Terry Leahy, Tim Mason
By Stephen Foster on June 3, 2010
It may pale into insignificance besides Reckitt-Benckiser boss Bart Becht’s £90m or so but £5.2m in salary, bonus and shares isn’t a bad result for a successful year’s work. But when your company makes a record £3.4bn profit then sharing a little around is fair enough. As well as CEO Sir Terry Leahy’s takeaway, Fresh [...]
Posted in Clients, News | Tagged Asda, fresh & easy, netto, Sir Terry Leahy, Tesco, Tim Mason, wal-mart
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