british retailer tesco chief executive to step down
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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British retailer Tesco chief executive to step down

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Arab Today, arab today British retailer Tesco chief executive to step down

Tesco mall
London - AFP

British supermarket giant Tesco said Monday that chief executive Philip Clarke will step down in October, after the group suffered its largest quarterly sales drop in four decades.
Clarke, who has been at the helm for three years, will be replaced in October by Unilever executive Dave Lewis, Tesco said in a statement, adding that current trading conditions "are more challenging than we anticipated".

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