Tesco Replaces CEO as Grocer Warns on Profit Again

Tesco Replaces CEO as Grocer Warns on Profit Again Play

July 21 (Bloomberg) -- Tesco Plc replaced Chief Executive Officer Philip Clarke after first-half profit trailed the grocer’s expectations, the latest in a series of setbacks since the company veteran took the helm about three years ago. Caroline Hyde reports on Bloomberg Television's "The Pulse" with Guy Johnson. (Source: Bloomberg)

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