Joe Morris, the brother of Home Bargains founder Tom Morris, has stepped down after more than 20 years as a director of the business.
Joe Morris served as the retailer’s operations director for 20 years before becoming its director of innovation early in 2021.
He stepped down from the board on 17 November.
A Home Bargains spokeswoman said he continued to work at the retailer while also devoting more time to his own business, Arms Innovation, a software company he set up last year.
“Joe Morris continues to work with TJ Morris supporting the building of their £400m new distribution centre at St Helens,” the spokeswoman said.
“Joe has stepped down from executive and board roles in order to spend more time on his own company, Arms Innovations, which he established following work within TJ Morris.”
Joe Morris has acted as a spokesman for the publicity-shy business and played a key role in building it to a 600-store chain with a turnover of more than £3bn.
Latest accounts show new store openings helped boost the variety discounter’s revenues by 20% to £3.3bn in the year to 30 June 2021. The £546m boost in sales was achieved through additional retail outlets, relocations and increased contribution from existing stores, according to the accounts.
Operating profit shot up 52% to £394m in the year.
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