Justin King invests in Snappy Shopper
Ex Sainsbury’s CEO to take on advisory role as company plans scale up
The Snappy Group, the technology platform that connects consumers with their local businesses, is pleased to announce that Justin King has become a Senior Advisor to the company and made a significant investment in the business. It is envisaged that Justin will join the Board as Non-Executive Director following the Series A fundraising that has recently been launched.
Justin King, one of the UK’s leading food retailers, was CEO of Sainsbury’s between 2004 and 2014. During this time he led the business through a major turnaround followed by nine years of profit growth. Before joining Sainsbury’s, Justin was Head of Food at Marks & Spencer. He held many high profile roles in a thirty-year career spanning consumer goods and grocery retailing. Justin is currently a Non-Executive Director of Marks and Spencer and a member of the Public Interest Body of PwC. Justin will bring this wealth of retail understanding and business experience to the Board of the Snappy Group, as the Company seeks to grow the services it provides to local retailers and hospitality organisations.
The Snappy Group’s Series A fundraising will enable the company to continue its rapid expansion in convenience and hospitality. Participants in Snappy Group’s initial seed rounds, besides the management team, included Kelvin Capital, Scottish Enterprise and Mercia Asset Management.