Fresh & Easy Buzz Editor's Note: Tesco group CEO Philip Clarke (pictured above), who was named to the top spot at the United Kingdom-based global food, grocery and general merchadise retailer in March of this year, spoke at the annual IDG Convention held today in London.
Prior to taking over as CEO from Terry Leahy, who retired in March after leading Tesco plc for 14 years, Clarke, 50, who joined the company over three decades ago as a part time stock clerk while still in high school, was in charge of the retailer's European and Asian retail operations, as well as its corporate information technology function.
Tesco, which is the third-largest retailer in the world after number one Walmart Stores, Inc. and number two Carrefour of France, currently operates 5,380 stores in 14 countries, including 182-store Fresh & Easy Neighborhood Market, which is based in El Segundo, California. The United Kingdom-based retailer has nearly 500,000 employees worldwide.
The topic of Clarke's speech today was: 'Breakthroughs' - describing how the three t's - Technology, Team, Talent - drive change.
Below is what Tesco CEO Philip Clarke had to say today, in his own words:
“Breakthrough” is a word that most people usually associate with science or medicine. A new cure, a new technology that will transform our lives. Retailing, shopkeepers – what breakthroughs have they ever achieved?