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Ex-Tesco CEO Leahy a Blackcircles ‘mentor’

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According to The Independent, former Tesco chief executive Sir Terry Leahy is providing “mentoring services on an ad hoc basis” to Blackcircles.com. Leahy, who the newspaper describes as being an “acquaintance” of Blackcircles.com managing director Mike Welch, also disclosed that he owns a stake in the online tyre retailer. Yet while admitting being a shareholder for some three years now, Leahy stressed to the newspaper he had “no hand” in orchestrating the Tesco Tyres partnership between Blackcircles.com and the supermarket giant. Further distancing himself from potential mutterings over conflicts of interest, Sir Terry reports he informed Tesco chairman David Reid upon acquiring his share in Blackcircles.

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E Business of the Year Award

Online tyre retailer, Black Circles, has won an e-commerce award at the Scottish 2004 National Business Awards.

The company views the award as an endorsement of its strategy to trade predominantly online. The E-Strategy Business of the Year Award joins the company’s Shell LiveWIRE Young Entrepreneur of the Year award received by Black Circles’ 25 year old managing director Mike Welch.

Mr Welch commented: “Our overall business strategy, including the e-commerce strategy, is highly innovative and includes a highly appealing consumer offering. We sell top brand name tyres cheaply and we fit them at a location of your choice at a time of your choice. That has already been shown to be appealing to tens of thousands of consumers across the UK already and this award is further endorsement that we are continuing to go in the right direction.”

The company’s web service allows consumers to source, purchase and arrange tyre fitting all online.

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