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Tesco chairman to stand down as supermarket chain reveals profits have fallen by staggering 91% in the last six months
Wednesday, October 22, 2014 23:48
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Tesco chairman Sir Richard Broadbent said today he was preparing to step down over the supermarket's troubles. The alarming interim figures came days after latest industry data showed Tesco's sales falling at the fastest rate in the sector.
New boss Dave Lewi Lewis is likely to face questions on how he plans to reverse the decline of Britain's biggest supermarket, with one analyst urging him to go on the attack with a £3 billion strategy to turn around its fortunes over the next few years …. http://www.dailymail.co.uk
Source: http://luismmx.blogspot.com/2014/10/tesco-chairman-to-stand-down-as.html
