Talking Shop

Talking shop

Alison Horner

Alison Horner
Group Personnel Director

Amanda Sankey

Amanda Sankey
Product Development Manager

Andrew Boyle

Andrew Boyle
Development Project Manager

Andrew Yaxley

Andrew Yaxley
Managing Director, London

Angela Porter

Angela Porter
Head of Brand Advertising

Barbara Young

Barbara Young
Chief Executive, Diabetes UK

Beatrice Forrester

Beatrice Forrester
Trainee Buyer

Benny Higgins

Benny Higgins
CEO Tesco Bank

Chris Bush

Chris Bush
Managing Director, UK

Dan Jago

Dan Jago
UK & Group Wine Director

David Wood

David Wood
UK Marketing Director

Derek Lawlor

Derek Lawlor
Category Director (Meat, Fish & Poultry)

Gerry Gray

Gerry Gray
UK Operations Director

Helen Dwyer

Helen Dwyer
Buying Manager

Jill Easterbrook

Jill Easterbrook
Managing Director - Developing Businesses

John Christie

John Christie
CEO Tesco Lotus

John Scouler

John Scouler
Food Commercial Director

Judith Nelson

Judith Nelson
UK Personnel Director

Ken Towle

Ken Towle
Managing Director of Central Europe and Turkey

Kevin Grace

Kevin Grace
Group Commercial Director

Laura Jewell

Laura Jewell
Product Development Manager

Lindsay Boswell

Lindsay Boswell
CEO FareShare

Luke Hickton

Luke Hickton
Innovation Team

Luke Vinogradov

Luke Vinogradov
Mobile Experience Director

Matt Atkinson

Matt Atkinson
Chief Marketing Officer

Michael Kissman

Michael Kissman
UK Communications Director

Mike Baess

Mike Baess
Tesco Food Writer

Mike McNamara

Mike McNamara
Chief Information Officer

Paul Jones

Paul Jones
Head of Design

Paul Morris

Paul Morris
Customer Communications Director, UK Marketing

Paul Ritchie

Paul Ritchie
CEO Tesco China

Paul Wilkinson

Paul Wilkinson
Innovation Ambassador

Philip Clarke

Philip Clarke
Group Chief Executive

Pornpen Nartpiriyarat

Pornpen Nartpiriyarat
Head of Trading Law and Technical, Tesco Lotus

Rebecca Shelley

Rebecca Shelley
Group Corporate Affairs Director

Robert Folly

Robert Folly
Store Manager

Robin Terrell

Robin Terrell
Group Multi-Channel Director

Sarah Mackie

Sarah Mackie
Head of Local Sourcing

Scott Deutrom

Scott Deutrom
Managing Director, Clubcard TV

Simon Belsham

Simon Belsham
Managing Director, Grocery Home Shopping, Dotcom

Simon Hay

Simon Hay
Chief Executive - dunnhumby

Steve Strachota

Steve Strachota
Director of Distribution for the UK & ROI

Tom Hind

Tom Hind
Group Agriculture Director

Tracey Clements

Tracey Clements
UK & Ireland Support Office Director

Trevor Masters

Trevor Masters
CEO Asia

Philip Clarke

Strategic review of Fresh & Easy

5 December 2012 By Philip Clarke

Today I’ve announced Tesco’s decision to begin a strategic review of Fresh & Easy, our business in the US. We’re considering all options for the business, but it’s likely that the review will lead to Tesco exiting the US market, so I wanted to explain the thinking behind our decision to our colleagues and customers at Fresh & Easy and the rest of the business.

It feels like a long time ago now, but when Tesco announced plans to open a business on the west coast of the US in 2006, the global economy was flying; not even the brightest economists in the world could foresee the unprecedented crisis in the markets about to engulf the world.

But when it hit, it hit hard. And those states in the US where we were trying to build a presence – California, Nevada and Arizona – were particularly affected by the sub-prime crisis. Launching Fresh & Easy in the world’s most competitive retail market was never going to be easy, but the economic backdrop made the task twice as hard.

As Chief Executive of Tesco, I have to focus on those markets which can deliver the high returns which our shareholders rightly expect. Where they don’t, it’s my job to take action, as I did when we pulled out of the Japanese market earlier this year. These decisions aren’t easy, but making the tough calls at the right time is a vital part of the Chief Executive’s job.

Having assessed its long-term potential, we’ve concluded that Fresh & Easy is not going to achieve the scale and profitability it needs in a reasonable timescale. That’s why we’re starting the review we’ve announced today, and my aim is to provide an update on progress with our full year results in April.

One thing which hasn’t changed since 2006 has been the commitment of our fantastic colleagues in Fresh & Easy - they have worked incredibly hard to improve the performance of the business.

I know they will be feeling nervous today, but I can assure them that as we go through this process, how we do the best for them will be at the top of my mind. Fresh & Easy is a good business in which we’ve already had interest from others. I know that the whole team there will continue to provide great service to our customers during this time.

One valued colleague who is leaving us today is Tim Mason, who has dedicated thirty years to Tesco and played an important part in turning it into the business it is today. We’ve worked together at Tesco through a time of remarkable growth and innovation, and he leaves with my thanks and best wishes.

Get in touch

Please complete the form with any questions or feedback you have.

These will be emailed to us and will not appear on the blog.

 

Meet our team

Simon Hay
Luke Hickton
Ken Towle
Chris Bush

Tweets

Hello