Analysis: Five priorities for new Tesco boss Ken Murphy

Ken Murphy Tesco

Tesco’s interim results today gave new boss Ken Murphy his first opportunity to address the City and experience the scrutiny that comes with being chief executive of Britain’s biggest retailer.

The former Walgreens Boots Alliance executive joins the supermarket giant at a time when its core food business is flying. Pre-tax profits surged 28% during the 26 weeks to August 29, as group sales climbed 6.8% to £26.7bn.

The numbers encapsulate the scale of the turnaround overseen by Murphy’s predecessor, Dave Lewis – and the business the Irishman inherits is in a very different place to the one Lewis was parachuted into six years ago. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.