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Bloomberg Businessweek reports that Tesco CEO Philip Clarke has "promised to step up an overhaul of the grocer’s U.K. non-food business to fix a part of the company that caused first-quarter sales to miss estimates.

"About a third of the space dedicated to underperforming general-merchandise items such as televisions will be replaced by stronger-selling products including dinner plates, clothes and stationery, Clarke said today on a conference call. A new non-food range will be introduced in 850 hypermarkets and superstores, he said, without being more specific."
KC's View:
You have to wonder if Clarke would occasionally like to accuse his predecessor, Sir Terry Leahy, with bait and switch.

Because it seems like when Clarke took the reins at Tesco, it looked like he was getting a money-making structure that was in really good shape. But now, it looks like he got a real fixer-upper.