Blog: King's Sainsbury's tenure comes to an end
Michelle Russell | 9 July 2014
Justin King will end his decade long tenure as Sainsbury's chief executive today (9 July), as he hands the reigns over to Mike Coupe.
King will bow out as CEO at the group's annual meeting after announcing his resignation back in January.
The focus now will be on whether Coupe is a safe pair of hands for Sainsbury's and whether his focus will turn to the fast-growing area of clothing.
The retailer has been reaping the benefits of the investments it has been making in its clothing division, after it revealed last month that the business had grown at double-digits in the first quarter. The increase in clothing sales have continued to outdo those of its competitors, like Tesco.
It will now be up to Coupe to build on the momentum King has created.
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