Retailers have always been cyclical, hostage to swings in consumer spending. Now, many feel compelled to seek new growth avenues outside their sluggish main markets, taking a step into the unknown.The outlook for most U.S. and western European store...
Philip Clarke has announced the composition of his executive committee to take effect on March 1, 2011; when he succeeds Sir Terry Leahy as group chief executive of Tesco plc. “Given that the size and scope of the...