Jollyes chief executive Joe Wykes is to leave the retailer at the end of this week, PBW News understands.
Wykes has taken the decision to leave the retailer and will be replaced in the role of chief executive by current chief operating officer Adam Dury, with effect from November 1.
To help the transition, Andy Bond will act as Jollyes’ executive chairman over the coming months. Bond was previously non-executive chairman of the retail chain, a role he took following last year’s investment into Jollyes by TDR Capital LLP.
Under Wykes’ leadership, Jollyes has grown its store estate from 70 to 110 locations in four years and now employs 500 more people as a result. The retailer is currently on course to open seven new stores in a two-month period before Christmas.
