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Home Retail News

Home Bargains exec Joe Morris, brother of founder Tom, exits

admin by admin
November 18, 2022
in Retail News


Home Bargains director Joe Morris stands down

// Joe Morris, brother of Home Bargains founder Tom Morris, has resigned after more than two decades as a director
// He spent 20 years as operations director before taking on a director of innovation role last year

Home Bargains director Joe Morris, the brother of founder Tom Morris, has quit the value retailer after more than 20 years in its top team.

Joe Morris, who has been the main spokesperson for the publicity-shy Morris family, was operations director at the firm for 20 years before taking on the role of director of innovation in 2021.

Since August 2021, he has also been the chief executive of software and consultancy firm ARMS International, which he co-founded.

Home Bargains parent firm TJ Morris told Business Live that although Joe Morris had stood down from his executive and board roles, he would continue to work with the firm on its new £400 million distribution centre in St Helens.


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Joe Morris has played a pivotal role in the success of Home Bargains, which brother Tom founded in 1976.

He joined the business in 2000 and helped grow it into a 600 store value powerhouse.

In its last financial results for the year to the end of June 2021, sales jumped 22% to £3.3 billion while pre-tax profits surged more than 50% to almost £400 million.

Founder Tom Morris is one of the UK’s most wealthy people. According to the latest Sunday Times Rich List, he has a fortune of over £5.1bn.

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