About: http://data.cimple.eu/news-article/1114303a513360633268e4976d0a94a32807cf6950ed15ae8478e2b6

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/1114303a513360633268e4976d0a94a32807cf6950ed15ae8478e2b6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	British supermarket Sainsbury's on Wednesday announced the departure of chief executive Mike Coupe, who failed to merge the group with US-owned rival Asda last year. "After almost six years as CEO and fifteen years working for Sainsbury's, Mike Coupe has confirmed his intention to retire later this year," the company said in a statement, adding he would continue in the role until the end of May. Retail and operations director Simon Roberts will succeed Coupe on June 1 at Sainsbury's, which is the nation's second biggest supermarket company after retail king Tesco. Back in May 2019, Britain's Competition and Markets Authority (CMA) regulator blocked a mega-merger of Sainsbury's with Walmart-owned Asda. In a controversial twist after the Asda deal announcement in April 2018, Coupe was forced to apologise after he was caught on camera between media interviews singing "We're in the Money". During his tenure, Coupe oversaw the purchase of catalogue retail chain Argos and furniture merchant Habitat in 2016. In Wednesday morning deals, Sainsbury's shares shed 1.04 percent to 210.20 pence on London's FTSE 100 index, which added 0.1 percent in value. "Mike Coupe at last read the writing on the wall, bit the bullet and fell on his sword after the Asda merger debacle," noted Markets.com analyst Neil Wilson, adding: "Questions persisted over his leadership after the CMA blocked the deal." In recent years, traditional retailers like Sainsbury's have faced fierce pressure from online retailers like US titan Amazon -- while low-cost German discounters Aldi and Lidl have rapidly expanded in Britain. rfj/spm
schema:headline	UK supermarket Sainsbury's announces CEO exit
schema:mentions	Simon Barlow FTSE 100 Index Asda Tesco Argos Bullet Sword Aldi Neil Winters Pound sterling Prime Video Supermarket Lidl London Chief executive officer United Kingdom Mike Coupe Competition and Markets Authority
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software