Sir Terry Leahy is to take on the role of chairman at value retailer B&M Bargains, his first retail role since stepping down from Tesco. Having spent all his retail career at Tesco, here are his career highlights.

Sir Terry Leahy: Career highlights of B&M Bargains' new chairman

  • Joined Tesco in 1979 as marketing executive, after previously being rejected for a job at the grocer
  • With responsibility for marketing, Leahy helped craft the “Every Little Helps” strapline, a move which pulled in 1.3 million new customers between 1993 and 1995
  • Developed Clubcard, Tesco’s loyalty programme, which was a key factor in Tesco’s growth
  • Led the market with the launch of new formats such as Express and Extra, a move which most other grocers copied
  • Diversified the Tesco brand into many other areas such as Tesco Bank
  • Led the market with the launch of a non-food arm, a move which most other grocers copied
  • Led the market with online development, launching in 2000
  • Built Tesco into a global company – it now has stores across markets including Asia, the US, and Europe
  • Transformed Tesco from a supermarket which some shoppers were embarrassed to go into, to become the UK’s biggest grocer, overtaking Sainsbury’s