Trouble has become Tesco’s best friend. This year alone, the supermarket has announced plans to close 43 stores and cut up to 10,000 jobs, is being investigated for alleged supplier mistreatment and has lost millions on its Blinkbox venture.
2014 wasn’t great either, as these 15 events show.
And now, Michael Holmes, the chief executive of new food experiences at Tesco, has left the company.
Holmes was responsible for the supermarket’s restaurant chain Giraffe, coffee shop Harris + Hoole, Euphorium bakeries, and in-store restaurant Decks. He also managed Tesco’s Dobbies garden centres and the One Stop convenience stores.
The latest departure is thought to be a part of new CEO Dave Lewis’ strategy to set the company straight.
Since Lewis became boss in September 2014, key executives including UK CEO Chris Bush, chief creative officer Matt Atkinson and group business planning and strategy director David Hobbs, have left the company.