Sainsbury's turns to retail boss as CEO checks out
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LONDON (Reuters) - Sainsbury's has picked retail boss Simon Roberts to succeed CEO Mike Coupe, the architect of the British retailer's failed bid for rival Asda who will step down in May after six years at the helm.Roberts' task will be to grow earnings in the face of weakening consumer demand and the relentless march of German-owned discounters Aldi and Lidl, which continue to win market share from Britain's traditional big four grocers - market leader Tesco , Sainsbury's, Asda and Morrisons..