Britain's Most Admired By Sector: Retail (food & personal)

Fifth overall, Tesco's basket remains half full - it's still top of the sector.

by
Last Updated: 09 Oct 2013

1 Tesco 68.9
2 J Sainsbury 62.8
3 Marks & Spencer 62.5
4 Burberry 59.5
5 Next 56.6

Boss Terry Leahy says the chain is 'at its best in tough markets'. He met the threat from Aldi, Lidl et al by cutting prices, launching a discounted range, and pushing banking and even mortgages. Its international business has grown 27%. J Sainsbury is down from 7th to 27th overall, with chief exec Justin King describing conditions as 'particularly challenging'. But like-for-like sales rose 3.9% in the six months to October. It has been a disastrous year for M&S. Last year's Most Admired Company slipped to 29th. Its corporate governance raised eyebrows, as did its 34% fall in half-year profits.

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