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Sainsbury’s CEO Mike Coupe, has bowed to the inevitable and is stepping down from his role in May. He’s being replaced by current Retail and Operations Director Simon Roberts, who’s been at the firm for three years.
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263 published items with the word (s) or phrase Sainsbury in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Under-pressure Sainsbury's CEO announces retirement, Roberts steps up")
Under-pressure Sainsbury's CEO announces retirement, Roberts steps up -
![]( "UK consumers cut back on spending again, adding to economic gloom")
UK consumers cut back on spending again, adding to economic gloomBritish consumers failed to increase their spending in December for a record fifth month in a row, adding to signs of a weakening economy that might prompt the Bank of England to cut interest rates this month.
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![]( "Sainsbury's sees Q3 fashion strength as cold weather boosts sales")
Sainsbury's sees Q3 fashion strength as cold weather boosts salesThere was good news and bad from UK supermarkets giant Sainsbury's on Wednesday as the company’s third-quarter trading statement (the 15 weeks to January 4) showed weak sales, although fashion was stronger.
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![]( "Britain's retailers boosted by hopes of post-election fillip for festive period")
Britain's retailers boosted by hopes of post-election fillip for festive periodBritain's retail sector was boosted by Boris Johnson's general election victory on Friday, as investors factored in expectations of a step-up in consumer sentiment and spending in the key holiday season period.
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![]( "M&S 'plans to cut flagship sizes', raise funds from repurposing space")
M&S 'plans to cut flagship sizes', raise funds from repurposing spaceM&S is reportedly planning to downsize the space it controls in around 20 of its largest retail locations with under-used upper floors potentially being converted into offices or even residential space.
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![]( "For British shoppers, November is the new Black Friday")
For British shoppers, November is the new Black FridayWith harsh lessons learnt from past Black Fridays, British retailers are stretching promotions over several weeks, aiming to smooth out consumer demand and reduce the pressure on supply and distribution networks.
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![]( "Sainsbury's links with Fat Face in trial concessions deal")
Sainsbury's links with Fat Face in trial concessions dealSainsbury’s is continuing its efforts to boost its fashion operations while also making the most of spare space in its superstores and is linking up with Fat Face on concessions.
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![]( "Fashion gives Q2 boost to Sainsbury's after slower start to first half")
Fashion gives Q2 boost to Sainsbury's after slower start to first halfFashion was a bright spot as Sainsbury's in the first half with Q2 in particular seeing an improved performance, although general merchandise sales continued to fall.
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![]( "Fashion sales up at Sainsbury's but Argos slows")
Fashion sales up at Sainsbury's but Argos slowsSainsbury’s had good news around its clothing sales on Wednesday as they rose in Q2 after having been less strong of late. But the company had less to shout about around its Argos ops that continued to struggle.
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![]( "Sainsbury's says not talking to internal candidates for CEO succession")
Sainsbury's says not talking to internal candidates for CEO successionSainsbury's is not talking to internal candidates about succession plans to Chief Executive Officer Mike Coupe and he has the full support of company's shareholders and the board.