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Wednesday 04 June 2014 9:12 pm|Updated:Wednesday 29 May 2019 9:32 pmTesco chief Philip Clarke says he has no plans to step downBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailTESCO boss Philip Clarke yesterday reiterated that he had no plans to step down despite admitting that the supermarket chain had suffered its worst quarterly sales performance in his forty years at the company. Clarke said a dramat stanley taza ic slowdown in the grocery market and deliberate efforts to win back shoppers by slashing prices were partly to blame for the 3.7 per cent decline in first quarter UK like-for-like sales.In all my time at Tescohellip;I donrsquo;t remember us p stanley cup becher utting ourselves through so much deliberate action that slows our sales in the near term hellip;the whole market is seeing an unprecedented level of change, Clarke said.He warned that underlying sales would continue to decline this year but insisted stanley mexico that his strategy of cutting prices, reducing home delivery charges and launching its fuelsave scheme was the right one.Tesco is two years into a turnaround plan that has included revamping stores, product ranges and its online services. But investors and analystsrsquo; patience is wearing thin that efforts have failed to deliver improved sales.Clarke refused to be drawn on whether he has faced pressure from shareholders, saying: I am not going anywhere, I am going to see these changes th
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