"Philip Clarke took over as chief executive of Tesco in March 2011. At that point, Tesco was still the champion of food retailing in the UK, and had been for nearly 20 years. But in Christmas 2011, Tesco recieved the worst trading figures in decades." 
"Like his predecessor, he comes from Liverpool and is an internal appointment who graduated through what analysts call 'the academy for retailers'. Philip Clarke began his Tesco career as a 14-year-old back in 1974 stacking shelves during his school holidays in the stores his father managed. After graduating from Liverpool University with a degree in economics he joined the Tesco Management Training Programme which provided him with a perfect platform to work his way to the top...
"Under the leadership of Mr Clarke, Tesco launched its Fresh & Easy stores in the US in 2007. But its expansion has not proved as successful as the group had hoped. The company has said its target is to break even in the US market by 2013."
Resources and articles
- newstatesman Tesco's Philip Clarke, the loneliness of the chief executive, organizational web page, accessed June 25, 2012.
- BBC Profile: Who is Tesco's new boss Philip Clarke?, organizational web page, accessed June 25, 2012.