Tag Archives: Sir Terry Leahy

Tesco, it would appear, really is a basket case. The struggling UK supermarket giant has admitted that it overstated first half trading profit by £250m, nearly a quarter of the supposed figure of £1.1bn. It blames this on “accelerated recognition ...

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; ...

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 ...