Sir Terry Leahy resigns from Tesco

Terry Lee, known as Mr. Tesco, is recognized for transforming Tesco into a leading retail giant over 14 years. Under his leadership, Tesco expanded significantly in the UK and internationally, becoming a dominant force in the market. Despite its success, Tesco's growth has sparked controversy, with concerns about its impact on local businesses. As Lee prepares for retirement, his legacy as a professional and effective leader is acknowledged.

What qualities of Sir Terry Lee contributed to his success at Tesco?

• His reluctance to expand the business

• His flashy lifestyle and love for publicity

• His understanding of consumer and staff needs

• His focus on traditional retail methods

How did Tesco's market share change under Sir Terry Lee's leadership?

• It was overtaken by competitors

• It became a dominant force in the market

• It remained the same

• It decreased significantly

What was a significant result of Tesco's expansion in the UK?

• A decrease in the number of stores

• The closure of many High Street shops

• A reduction in Tesco's profits

• An increase in local business support

What is a common concern among local businesses regarding new Tesco stores?

• They increase local employment

• They offer fewer products than High Street shops

• They can lead to the closure of nearby businesses

• They often sell products at higher prices

What is Sir Terry Lee's next step after his successful tenure at Tesco?

• He plans to expand Tesco further

• He is retiring

• He is starting a new business

• He is joining a competitor