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Clarke quits helm of troubled Tesco
Updated 10:09am Monday 21st July 2014 in Business
TESCO chief executive Philip Clarke is to quit as the boss of Britain's biggest supermarket.
The group, which is seeing its worst sales performance in four decades, announced Mr Clarke's departure as it issued a fresh warning on profits.
He will step down from the board on October 1 to be replaced by Unilever executive Dave Lewis, though he will continue in a support role until the end of January.