Philip Clarke took on a tough job as Tesco's chief executive - now his reign is over after three years of declining sales.
Tesco shareholders have every reason to feel glum. For much of the last three years the supermarket has looked in steady decline.
Tesco today takes on the high street's banking giants as it launches its first current account.
Supermarket chain Tesco has reported a 3.7% fall in like-for-like sales in its first quarter.
The United Kingdom's biggest supermarket Tesco is expected to post a third successive quarter of worsening sales when latest trading figures are published today.
The first quarter update is likely to pile further pressure on embattled chief executive Philip Clarke and comes as latest industry data shows a continuing squeeze on the retailer's market share.
Analysts' forecasts for the like-for-like sales decline for the period range from 3.5% to more than 4%. It follows drops of 1.4% and 2.9% in the previous periods.
The way food is presented for sale and how it is consumed is "the root cause" of the impending obesity crisis and the Government will have to intervene if it is to be tackled, a health expert told Good Morning Britain.
Dr Aseem Malhotra from Action on Sugar welcomed Tesco's plan to ban all confectionary from their checkouts but "sugary drinks taxes" and bans on "junk food advertising to children" would need to be implemented in order to tackle obesity.
Tesco have banned sweets at the checkout because they "want to help our customers lead healthier lives", according to their chief executive.
Tesco head Philip Clarke said:
– Philip Clarke
We all know how easy it is to be tempted by sugary snacks at the checkout, and we want to help our customers lead healthier lives.
We've already removed billions of calories from our soft drinks, sandwiches and ready meal ranges by changing the recipes to reduce their sugar, salt and fat content.
And we will continue to look for opportunities to take out more.
We're doing this now because our customers have told us that removing sweets and chocolates from checkouts will help them make healthier choices.
All sweets and chocolates will be removed from all of the checkouts in Tesco's by the end of the year, the retailing giant has announced.
Research by the supermarket found nearly two thirds (65%) of customers wanted confectionary removed from the checkouts so it would be easier for them to make healthier choices.
Sweets and chocolates would also be removed from areas adjacent to the tills - for example racks of sweets at children's eye level, a spokesman for Tesco confirmed.
Just over two thirds of parents (67%) told Tesco that confectionery-free checkouts would help them make healthier choices for their children.
Tesco's chief executive Philip Clarke has spoken to ITV News' Business Editor Joel Hills** and denied claims that Tesco is an "empire in decline" he says the company is facing the challenges of one of the world's most competitive markets and is "on the way back."
Brand expert Stephen Cheliotis has said supermarket giant Tesco needs to "win us over by price" after it announced a fall in like-for-like sales.
Mr Cheliotis said: "A fierce market is great for us. They'll be fighting for our wallet and they need to fight for our wallet."
"Ultimately they need to win us over by price as well so this is good for us because it should mean a big squeeze on prices," he added.
Tesco's chief executive Philip Clarke has said that the supermarket's results reflect "challenges" in a rapidly changing trading environment.
– Philip Clarke, chief executive
Our results today reflect the challenges we face in a trading environment which is changing more rapidly than ever before. We are determined to lead the industry in this period of change.
Having strengthened the foundations of our business in the UK, we are now accelerating our growth in new channels and investing in sharper prices, improved quality, stronger ranges and better service.
Tesco announces like-for-like sales excluding VAT and petrol for the year are down 1.4%.