Why Sainsbury’s chief Mike Coupe is stepping down

The executive aggressively cut costs to compete with Aldi and Lidl, but failed to acquire Asda

Mike Coupe
Mike Coupe, chief executive officer of J Sainsbury Plc, poses for a photograph inside a supermarket
(Image credit: Bloomberg via Getty Images)

Sainsbury’s has announced that its chief executive Mike Coupe will step down in May after six years at the helm of the supermarket group.

Coupe, 59, will be replaced by Sainsbury’s head of retail and operations, Simon Roberts.

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William Gritten

William Gritten is a London-born, New York-based strategist and writer focusing on politics and international affairs.