This came just hours after he refused to give reassurance that jobs were not under threat during a BBC Breakfast interview.
A spokesman for Sainsbury’s defended Coupe, saying: “We all know these songs stay in your head. To attach any wider meaning to this innocent, personal moment is preposterous”.
The interviews came after the £13bn merger between Sainsbury’s and Asda was announced yesterday, the company stands to make £500m in profit from the transaction according to Coupe.
Coupe was caught singing the lyrics: “We’re in the money, the sky is sunny. Let’s lend it, spend it, send it rolling along”.
He later said: “This was an unguarded moment trying to compose myself before a TV interview. It was an unfortunate choice of song, from the musical ‘42nd Street’ which I saw last year and I apologise if I have offended anyone.”
Retail Sector asked a Sainsbury’s spokesperson to confirm whether any jobs would be lost, but at the time of writing had not received a formal response.