Business Services Industry
Quiet Man from Tesco Joins the Queue for Safeway in Britain.
Knight Ridder/Tribune Business News, January, 2003
By Alex Brummer, Daily Mail, London Knight Ridder/Tribune Business News
Jan. 23--Liverpool lad Sir Terry Leahy is the quiet man of British shopping. He has none of the bravado of Sainsbury chief Sir Peter Davis, the streetwise flashiness of Bhs and Arcadia boss Philip Green or the sharp, northern bluntness of Sir Ken Morrison.
But Leahy as chief executive of the "pile it high, sell it cheap" business built up by the late Jack Cohen and turned into an aspirational retailer by Lord MacLaurin, has relentlessly driven Tesco forward to become Britain's flagship supermarket group.
Under his tutelage Tesco soared past former leader Sainsbury, sought to match Wal-Mart/Asda on low pricing and spread the reputation of British food retailers to...
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