Sainsbury’s has hired the former boss of John Lewis to head up its clothing and Argos businesses.
Paula Nickolds, 48, was handed almost £1million when she left John Lewis in January 2020 following a 25-year career at the retailer.
From June she will become managing director of Sainsbury’s £7.8billion general merchandise and clothing business, which includes Argos, Habitat and Tu Clothing.
Golden goodbye: Paula Nickolds, 48, was handed almost £1m when she left John Lewis in January 2020 following a 25-year career at the retailer
Britain’s second largest supermarket has tried to shift the focus back on to the grocery business in recent months, but said the division was ‘critical to support the retailer’s ambitions in food’.
Nickolds joined John Lewis as a graduate trainee, advancing to managing director in 2017 before leaving last year.
Sainsbury’s has made major changes to its general merchandise business in recent months, cutting 3,500 jobs and closing 420 Argos stores as customers shop online or use click-and-collect.
Chief executive Simon Roberts described Nickolds as ‘a highly respected, talented and experienced retail leader’
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