£1m payday for Home Bargains boss

Liverpool discount retailer Home Bargains saw sales and profits soar last year, resulting in a £1m pay day for founder Tom Morris, it is believed. The chain, which numbers almost 500 stores, stocking up to 4,000 branded product lines, employs more than 17,000 staff. Trading as TJ Morris it was founded as a market stall in 1976 in Liverpool by Mr Morris. The latest annual figures filed at Companies House show that sales grew by 14% to £2.1bn, and profits rose 20% to £203m. Ultimately, the firm plans to expand to operate ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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