2nd Sep 2014 05:45
LONDON (Alliance News) - Tesco PLC's new Chief Executive Dave Lewis thinks he will bring a fresh non-retailing perspective to the UK's biggest grocer, admitting in an interview with the Evening Standard late Monday that he is "wonderfully naive" about some of the challenges that face him.
Lewis, who has been brought in from consumer goods giant Unilver PLC, paid tribute to former CEO Philip Clarke, calling him a great retailer. But he added that great retailing hasn't worked in the CEO job recently so a fresh perspective is what is required at Tesco.
The newspaper said Lewis, who took the helm at Tesco Monday, is expected to slash costs, simplify product ranges, and launch a new price war.
http://www.standard.co.uk/lifestyle/london-life/to-the-rescue-of-tesco-dave-lewiss-mission-to-save-the-uks-biggest-supermarket-9703451.html
By Steve McGrath; [email protected]; @stevemcgrath1
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