Asda, Morrisons, Co-op and Amazon leaders are listed as some of the most influential people in the sector in this year’s Retail 100 annual report, compiled by Convenience Store’s sister title, Retail Week.
Asda co-owners and co-founders and co-chief executives of EG Group, Mohsin and Zuber Issa, were listed in The Dealmakers category, following Asda’s acquisition of the petrol forecourt empire’s UK and Ireland operations for £2.27bn.
Sir Terry Leahy, chair of Morrisons and its chief executive, David Potts, both appeared in The Strategists section, which acknowledges the retail bosses driving significant change in a variety of ways, from adopting new channels and technologies to new ways of thinking. In March this year, the retailer opened the 500th Morrisons’ Daily, while over the summer it became the first supermarket to stock entry-level products in convenience stores with the roll-out of its Savers range.
Shirine Khoury-Haq, chief executive at The Co-op also featured in The Strategists category, thanks to her willingness to face challenges head-on and the retailer’s ambitious goal to be the UK’s largest convenience retailer.
Amazon president and chief executive Andy Jassy and senior vice-president Tony Hoggett also made the list. Despite the roll out of Amazon Fresh having stalled, Hoggett said Amazon was making “big, bold, long-term investments” in its estate.
The Retail 100 was determined by Retail Week’s journalists. Report lead and senior commercial content editor Megan Dunsby said: “A year on since our last report, we’ve witnessed a sea change in strategies, investment priorities and management styles. Retail bosses are having to make even smarter and often tough decisions against inflationary pressures and the cost-of-living crisis to maintain customer demand and manage their bottom lines.”
“Without a doubt, the people celebrated in the Retail 100 are changing the industry as we know it. There is more that needs to be done to make the industry more representative, however, as reflected by the 27 female leaders recognised – and this needs to extend to racial equality, too.”
The full Retail 100 index can be viewed here
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