Aoife Morgan's profile photo

Aoife Morgan

London

Senior Journalist at Retail Gazette

ee-fa. Senior journalist at Retail Gazette. contact: [email protected]

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Articles

  • Tesco CEO bags £9.2m pay packet

    1 week ago | retailgazette.co.uk | Aoife Morgan

    Tesco chief executive Ken Murphy took home more than £9m last year after the grocery giant’s pre-tax profits topped £2.2bn. The supermarket boss was paid £9.23m during the period, down £1m from the year before due to lower slightly lower bonus levels and performance share plan (PSP). Murphy received an annual salary of £1.65m, an annual bonus of £2.88m and £4.79m from his performance share plan (PSP).

  • How Deliveroo ended up in DoorDash's basket

    1 week ago | retailgazette.co.uk | Aoife Morgan

    Deliveroo has caught the eye of its US rival DoorDash, with the delivery giant submitting a £2.9bn takeover bid. The 180p-per-share offer was recommended by shareholders earlier this week and will see co-founder and chief executive Will Shu in line for a £172m payout if the deal goes ahead. Deliveroo staff are also set to receive a near £66m windfall.

  • Tesco boss secures £9.2m pay packet

    1 week ago | grocerygazette.co.uk | Aoife Morgan

    Tesco CEO Ken Murphy took home more than £9m in 2024 after the supermarket chain’s pre-tax profits hit £2.2bn. The supermarket chief was paid £9.23m over the year, down £1m from the year before. This was due to lower slightly lower bonus levels and performance share plan (PSP). Murphy received an annual salary of £1.65m, an annual bonus of £2.88m and £4.79m from his performance share plan (PSP). The PSP payment is based off the retailer’s performance since 2021 and is set to be paid in Tesco shares.

  • Poundland: TOFS owner Modella circles discount chain

    1 week ago | retailgazette.co.uk | Aoife Morgan

    The Original Factory Shop owner Modella Capital is among a number of parties circling Poundland. The private equity firm, which also owns WHSmith’s high street business, has made it through to the second stage in the auction of the discount chain, Sky News reported. If successful, Poundland would be the fourth major retailer Modella has acquired in recent months.

  • John Lewis Partnership chair Jason Tarry in line for £1.3m payday

    1 week ago | retailgazette.co.uk | Aoife Morgan

    John Lewis chair Jason Tarry is in line to receive more than £1.3m this year, significantly above the pay package of his predecessor Dame Sharon White. The former Tesco executive, who joined last September, took home a £415,000 pay check in his first four and a half months.

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Aoife Morgan
Aoife Morgan @_aoifemorgan
22 Apr 25

Exclusive: Poundland retail and digital bosses exit in leadership reshuffle https://t.co/AaFCiMQZuV

Aoife Morgan
Aoife Morgan @_aoifemorgan
11 Apr 25

Competition in the grocery sector is heating up as Tesco revealed it was lowering its profit guidance for the year ahead to give it the “firepower” it needs to respond to increased market pressures Read my latest on Retail Gazette 👇🏻 https://t.co/7JgVUiK2rV

Aoife Morgan
Aoife Morgan @_aoifemorgan
1 Apr 25

WHSmith takeover: A closer look at Modella Capital and TGJones https://t.co/4btdSz4N4l