Tag Archives: fresh & easy

Tesco to dump failed US venture Fresh & Easy

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 ...

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Is market leader Tesco on the retreat in the UK supermarket battle?

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 ...

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How will Tesco fare without Sir Terry Leahy?

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 ...

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Tesco’s Terry Leahy deserves his £5.2m – every little helps

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 ...

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