Morrisons stores chief steps down

Morrisons stores chief has stepped down from his role at the company after four years, The Telegraph has reported.

David Lepley, who was appointed group retail director in 2020, has worked for Morrisons for almost eight years. He has an extensive career in the retail industry, having started at Asda in 2005.

In 2019, M&S attempted to hire Lepley but he decided to stay at Morrisons as operations director. The Telegraph has revealed that it is not clear whether he will be replaced. 

The announcement comes as new chief executive Rami Baitieh tries to revive the business, after admitting that Morrisons’ market share has slipped behind since the pandemic. 

Last week, the supermarket announced that it has agreed a deal with Motor Fuel Group to sell 337 petrol forecourts for £2.5bn. Alongside this, the supermarket’s full-year total revenue excluding fuel was £14.9bn, an increase of 2.7% compared with last year.

Morrisons has been contacted for comment.