j sainsbury plc news and archive

Simon Roberts to replace Mike Coupe as Sainsbury’s CEO in June

After almost six years as Chief Executive Officer (CEO) and fifteen years working for J Sainsbury plc (Sainsbury’s), Mike Coupe has decided to retire later this year.The company’s board has appointed retail and operations director Simon Roberts as Coupe’s successor, who will start as Chief Executive Officer from June 1, 2020. Commenting on the...

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Sainsbury’s Q3 clothing sales rise 4.4 percent

J Sainsbury plc reported 4.4 percent increase in clothing sales for the third quarter to January 4, 2020, while the company’s general merchandise sales declined by 3.9 percent. Commenting on the third quarter trading, Mike Coupe, Chief Executive of J Sainsbury plc, said: “The colder weather helped to deliver strong clothing sales in the quarter...