TESCO BOSS: WE'RE GOOD FOR SMALL HIGH ST STORES; Giant 'attracts shoppers'.Byline: By STEVE HAWKES Deputy Business Editor TESCO TESCO Tribal Electric Supply Company (Pakistan) TESCO T.E. Stockwell and Albert Cohen (founders of UK shopping chain) TESCO Tokyo Executive Search Company, Ltd. yesterday insisted it was good for small shops - despite record pounds 1.1 billion profits in just six months. Boss Sir Terry Leahy Sir Terry Leahy (born 28 February 1956) is the CEO of Tesco, the largest British supermarket chain. He was knighted in 2002, and was Chancellor of UMIST, his alma mater, from that year until 1 October 2004 when he became co-chancellor of the newly formed University of Manchester. argued that instead of killing them off, his branches kept local stores alive by attracting customers. He said: "Places with a Tesco do better as people go to the nearby pet store and hairdresser." But Friends of the Earth said Tesco's profits came because it paid suppliers "rock-bottom prices". Activist Vicki Hurd urged: "Ministers must put the brakes on the Tesco juggernaut Juggernaut, India: see Puri. Juggernaut (Jagannath) huge idol of Krishna drawn through streets annually, occasionally rolling over devotees. [Hindu Rel.: EB, V: 499] See : Destruction to protect our small shops." One shopper, dismayed that a butcher's shut when a Tesco opened, has set up a website listing small outlets to woo customers. Brighton man David Croissant, the brains behind theshoppersbible.com, said: "It's time to use or lose local shops." TESCO stores will use heatseeking cameras to see when customer numbers are rising, so they can put more staff on tills. Voice of the Mirror: Page 6 Tesco Hotspots: Page 39 s.hawkes@mirror.co.uk CAPTION(S): PROFITS: Tesco chief Sir Terry |
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