Ken Murphy news, comment and insight – Page 18
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NewsTesco’s new boss Ken Murphy says online surge ‘here to stay’
The supermarket has smashed its record for dotcom grocery orders
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NewsTate & Lyle CFO Imran Nawaz becomes Ken Murphy’s first major Tesco hire
Murphy said there had been an “extensive search” to find the right successor to Alan Stewart
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NewsCity Snapshot: Tesco sales soar during pandemic but £553m Covid costs drag on profits
Sales at Tesco soared 6.6% in the first half to £26.7bn as shoppers relied more heavily on supermarkets during the coronavirus pandemic, but costs also ballooned to weigh on profits. The supermarket also announced Tate & Lyle CFO Imran Nawaz as its news chief financial officer.
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NewsCity Snapshot: Profits slump at Greencore but demand for food-to-go returning
Profits have slumped 40% at Greencore as the coronavirus crisis pushed up costs and saw revenues nosedive, but food-to-go demand started to return in the fourth quarter. And Italian food group Newlat Food has proposed an acquisition of bread maker Hovis.
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NewsMedia Bites 2 October: Ocado, Tesco, PepsiCo
Ocado’s strategy of selling its grocery knowhow worldwide is under threat after a Norwegian rival claimed it has copied its technology and infringed its patents
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NewsMedia Bites 1 October: Tesco, Ocado, Morrisons, Compass Group
Ken Murphy replaces Dave Lewis at Britain’s biggest supermarket today and faces investors next week.
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NewsMedia Bites 28 September: Tesco, Asda, Pladis
Ken Murphy has a big repair job on his hands, says The Times
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InterviewsDave Lewis: the Exit Interview
Tesco’s CEO reflects on his time at the helm of the UK’s largest retailer, and on the challenges and opportunities that lie ahead for the UK and for his successor Ken Murphy
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NewsCharles Wilson retires as Andrew Yaxley becomes Booker chief
Tesco CEO Dave Lewis said Wilson’s reputation in the food business was “unparalleled”
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NewsTesco investors vote down exec pay policy that gave CEO £6.4m package
Tesco shareholders have voted against its executive pay policies that saw the supermarket give CEO Dave Lewis a £6.4m pay package
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Comment & OpinionTesco’s latest Price Match move: can it really go the distance with Aldi?
Tesco is now committed to fight an enemy that has vowed never to be beaten on price
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Analysis & FeaturesDoes Sainsbury’s new boss Simon Roberts have what it takes to succeed?
Roberts is likely to put stores and teamwork at the heart of his strategy, say colleagues and experts
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NewsMedia Bites 4 Feb: Tesco, Poundland, Imperial Brands
A non-compete agreement has forced Tesco to delay the arrival of its new chief executive Ken Murphy
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Comment & OpinionNew CEO Simon Roberts may need to awaken a few sleeping dogs at Sainsbury’s
In his nearly three years at Sainsbury’s, Roberts has more than proved his credentials
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Comment & OpinionWhat challenges face the new bosses at Sainsbury’s and Tesco?
As the Lewis and Coupe era comes to an end, the rollercoaster of UK retail rumbles on
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Comment & OpinionThe 12 most shocking moments in grocery in 2019… and one that didn’t surprise us
With fire, flood, fibs and feuds, 2019 was a turbulent end to the decade for food & drink. Here are 12 moments that shocked us most this year
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Analysis & FeaturesTesco Thailand: analysts react to rumours of ‘jewel in the crown’ sale
City analysts have estimated the sale price at between £6bn and £9bn
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Comment & OpinionTesco must keep evolving for its brand journey to continue
Tesco must not be complacent if it is to avoid going the same way as Thomas Cook, says Mark Chamberlain, UK MD of brand at Kantar
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Comment & OpinionNew Tesco boss Ken Murphy faces Carrefour and Jack’s challenges
Dave Lewis’ legacy is impressive, but Jack’s has proven a format too far, says David Sables, CEO of Sentinel Management Consultants
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Comment & OpinionJohn Lewis has lost its way. Is the restructure a route to salvation?
As incoming chairman Sharon White is about to find out, hybrid food/GM businesses are notoriously tricky to unite