US EditionWaitrose Boss James Bailey to Leave Supermarket Chain in September
James Bailey led Waitrose through the pandemic and cost-of-living crisis, achieving 4.8% sales growth and stabilizing the business before stepping down after over five years.
- Waitrose managing director James Bailey will leave at the end of September after leading the supermarket for more than five years since joining in 2020.
- Since 2020, James Bailey guided Waitrose through the pandemic and the cost-of-living crisis, stabilising the business before taking a career break after five and a half years.
- Company accounts and statements indicate Waitrose recorded a 4.6% revenue rise to £7.3 billion, with Worldpanel data showing 4.8% sales growth to August 10, and was recently named best supermarket for customer service.
- Tina Mitchell, Waitrose retail director, will step in as interim managing director while John Lewis Partnership begins the successor recruitment process.
- With momentum regained, Waitrose has pursued store expansion and a £1bn investment plan, overhauling product ranges amid intense competition with rival upmarket grocer Marks & Spencer.
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Evening Standard+2 Reposted by 2 other sources
Waitrose boss James Bailey to leave supermarket chain in September
Mr Bailey has led the upmarket grocery business as its managing director since 2020.
·London, United Kingdom
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After more than five years, the popular retail chain is facing a major change. James Bailey has just announced his departure as managing director.
Waitrose managing director James Bailey to step down
The John Lewis Partnership has announced that James Bailey will step down as managing director of Waitrose at the end of September after more than five years in the role. Bailey joined in 2020 and led the supermarket through the pandemic and the cost of living crisis. Under his leadership, Waitrose was recently named best supermarket for customer service and product availability at The Grocer awards. Tina Mitchell, currently retail director for…
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Total News Sources12
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
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