Tesco PLC announces appointment of CEO; sees H1 2015 outlook below expectations

Monday, 21 Jul 2014 02:00am EDT 

Tesco PLC:Dave Lewis will join Board of Tesco on Oct. 1 as Chief Executive Officer in succession to Philip Clarke.Says that overall market is weaker and, combined with increasing investments the company is making to improve customer offer and to build long term loyalty, this means that sales and trading profit in H1 2015 are somewhat below expectations. 

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18 Sep 2014