Former Tesco boss Davies in shock move to retail firm

Tesco boss Matt Davies will become chairman at retail firm N Brown after leaving the supermarket giant, it is understood.
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Tesco

The Press Association understands the serving Tesco UK and Ireland boss Mr Davies will be announced as N Brown’s chairman early next week.

The retail company’s brands include JD Williams, Simply Be and Jacamo.

Mr Davies, 47, has previously been chief executive of Halfords and Pets at Home.

He is due to leave Tesco in April after its £3.7 billion takeover of the wholesaler Booker.