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Tesco fears backlash as profits soar.

Publication: Sunday Business (London)
Date: Sunday, January 23 2005

Byline: Jessica Hodgson

Jan. 23--It is hard to believe anything could ruin Sir Terry Leahy's breakfast. The Tesco chief executive has presided over an almost unprecedented run of success at the helm of the UK's most successful grocer by a wide margin.

From his days as the company's marketing chief, through to his accession to chief executive in 1997 and to the present day, he has steered the company from dowdy underdog to champion of the UK retail sector.

Through a combination of canny marketing, an astute use of real estate in out-of-town shoppi

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Tesco fears backlash as profits soar.

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