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Tesco appoints new board members

by internationalsupermarketnews.com - 17/10/2011

Tesco appoints new board members

"Tesco recently announced that John Scouler and Andrew Yaxley would join the board of Tesco UK, completing a ten-strong team headed by UK Chief Executive Richard Brasher."

n addition to his responsibilities for packaged foods, petrol and tobacco, Scouler will be responsible for household, healthcare, baby and beauty products.
As for Yaxley, beside being responsible for fresh foods, he will also oversee frozen foods and the group’s smaller-format Express and Metro stores.

Last month the Britain’s largest grocer announced a 500-million-pound campaign in cutting prices and said last week that would lead to flat UK profits in the second half of its fiscal year after a 4.5 percent increase in the first.

The new appointments are part of the supermarket’s strategy to make the performance of its British business one of its top priorities as it looks to reverse a drift lower in its market share over the past few years.

More Details: http://www.internationalsupermarketnews.com/news/5244