By Sarah Vizard
Lewis joined a supermarket in turmoil. Its previous boss Philip Clarke had been fired unceremoniously just as he was preparing for a party to celebrate his 40 years at Tesco.
However, worse was still to come. Within weeks of starting, Lewis and Tesco were embroiled in an accounting scandal and then reported a £6.4bn loss, one of the worst in UK corporate history. With that background Lewis’s first year in charge has been about getting the basics right rather than setting out a new strategy.
As Kantar Worldpanel’s Bryan Roberts puts it: “This first year has been about mending the business, not Read full story ›
Source: Marketing Week