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Bloomberg reports that Tesco CEO Philip Clarke says that “his biggest concern is a shortage of talent rather than weakening consumer demand.”

“People are focused on what isn’t good, but I just see opportunities and I see a shortage of skill, I see a shortage of talent,” Clarke told the Institute of Grocery Distribution conference in London yesterday, suggesting that the current economic climate and eroding consumer confidence are cyclical and can be addressed through savvy management and leadership.
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