Every little helps, but Tesco is going to need a lot more
‘Drastic’ Dave Lewis is on course to meet his cost-cutting targets, but that alone may not be enough
It is unclear if ‘Drastic Dave’ is a label that Tesco chief executive Dave Lewis privately enjoys, but in an industry where labels and branding matter, the supermarket boss at least has a brand all of his own.
The sobriquet was earned at Unilever, where the executive took the axe to both products and personnel with gusto. Hired by Tesco to arrest slumping sales and fears of an industry-wide price war, Lewis was...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures