Former marketing man took charge of supermarket with ‘urgent issues’ to address. We assess his performance
On Dave Lewis’s first day in charge at Tesco he sent an email to the retailer’s 500,000 staff warning it had “urgent issues” to deal with. However, the supermarket boss could never have imagined the scale of the problems he would face at Britain’s biggest retailer. The discovery of a £326m black hole in its accounts and a continuing downturn in sales and profits transformed his task from a turnaround job to a rescue mission.
On the first anniversary of Lewis becoming chief executive, we examine how he has performed against five key criteria identified when he was appointed boss and after the accounting scandal at the company was revealed.
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Source: The Guardian Circular Economy RSS