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It is Tesco's first set of results under its new chief executive, Ken Murphy, who started last week. He replaces Dave Lewis, who had been running the UK's biggest retailer since 2014. With more ...
The owner of supermarket chain Morrisons has hired former Tesco boss Sir Dave Lewis as an adviser. US private equity firm Clayton, Dubilier & Rice (CD&R) bought Morrisons two years ago for around ...
When Dave Lewis moved into the hot seat at Tesco it was very hot indeed. His first act as chief executive was to announce the company had overstated its historical profits by £326m. That led to a ...
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Moving down the accounts, operating profits before exceptional items rose 60 per cent to £596m. Those one-off costs included £95m relating to restructuring and redundancies, an additional £45m added ...
we speak to Tesco’s Simon Threadkell and Wolff Olins’ Chris Moody about bringing the brand back to life Wolff Olins began working with Tesco back in 2014, when then CEO Dave Lewis tasked the agency ...
A decade ago, that was not the case. In 2014, when Murphy’s predecessor, Sir Dave Lewis, took over, Tesco was languishing under heavy losses. Partly, this was down to an accounting scandal in ...