executive and Carl Rogberg, the UK finance director. Dave Lewis says this is not Tesco disciplining the four bosses, but so the company can conduct the "fullest and deepest investigation possible". Robin Terrell, who runs the company's online empire, has been put in charge of the UK business.
investigation takes place. Some media outlets have reported that Tesco UK managing director Chris Bush is among those placed on leave, although Tesco declined to comment on this. It did, however, confirm that multi-channel director Robin Terrell had assumed responsibility for running the UK business.
Date: Sep 22, 2014
Category: Business
Source: Google
Tesco Investors Vent Amid Probe Into Overstated Profit Estimates
Lewis said he will do the fullest and deepestinvestigation into what happened. Robin Terrell, head ofmultichannel at the retailer, will take over the running of theU.K. business, he said, a position held since early-2012 byChris Bush. Bush, a 32-year Tesco veteran, is among those tohave been
Date: Sep 22, 2014
Category: Business
Source: Google
Tesco Starts Accounting Probe of Inflated Profit Forecast
Robin Terrell, head of multichannel at the grocer, will take over the running of the U.K. business, Lewis said on a conference call today. Chris Bush, who has been heading the domestic operations, has been asked to step aside, said a person familiar with the matter, who asked not to be identified.
Date: Sep 22, 2014
Category: Business
Source: Google
Online grocery shopping expands rapidly, though profits will lag
The one-hour delivery slots that Tesco offers seven days a week for grocery orders are unmatched by any other general merchandise retailer, including Amazon, points out Tesco multichannel director Robin Terrell.