Connect with us


Sir Ken Morrison dies aged 85 after turning two small family market stalls into a £6billion FTSE 100 supermarket chain

SUPERMARKET king Sir Ken Morrison, who turned two market stalls into a 6billion empire, has died aged 85.

The plain-speaking Yorkshireman founder of MORRISONS was saluted by the store chain as an inspirational retailer.

Sir Ken Morrison has passed away aged 85

Rival supermarkets also paid tribute. SAINSBURYS boss Mike Coupe called him one of the true greats of the retail industry.

He added of the man who led Morrisons to become the UKs fourth-biggest supermarket with more than 500 stores: He always called a spade a spade.

ASDAs supremo Sean Clarke said: Sir Ken was a giant of our industry.

The tycoon grew his familys market stall into one of the UKs big four grocers

ICELANDs Malcolm Walker described him as the nicest and kindest man Ive ever met, while CO-OP GROUP chairman Allan Leighton called him a great character.

Sir Ken, who stood down as chairman and chief executive of Morrisons nine years ago, died peacefully at home in North Yorkshire after a short illness.

Sainsbury's boss Muke Coupe
Sainsburys boss Mike Coupe called Sir Ken one of the true greats of the retail industry

The chains current chairman Andrew Higginson said: His legacy is evident every day and in every aspect of our business.

Sir Ken started helping his dad on his Bradford market stall aged nine.

He took charge of the familys two stalls in 1952, opened their first shop in Bradford in 1958 and the first supermarket there three years later.

As more and more stores opened across the North he finally hit on a bold plan to expand South.

Ken Morrisons
Under his reign, Morrisons became one of the FTSE 100 giants, worth 6billion

The SAFEWAY chain had long been a fixture there and Sir Ken masterminded a 3billion deal in 2004 to to take it over.

When he retired in 2008 he was one of Yorkshires richest men. Morrisons honoured him with the title of Life President.

Morrisons chief was a unique figure in the history of grocery retailing in the UK, family say

Famed for his straight-talking, he pulled no punches in 2014 when unimpressed by the boards strategy.

He accused the boss at the time of bulls***.

Sir Kens grieving family announced his passing in a statement describing him as a unique figure in the history of grocery retailing in the UK.

Click to comment

Leave a Reply


Must See


More in Money