John Moores (merchant) - Later Years

Later Years

Moores retired as chairman in October 1977 of Littlewoods and was succeeded by his son Peter. However, as profits fell from 49 million to 11 million, (Moores remained on the board) he resumed the chairmanship in November 1980. He gave up this role again in May 1982 and was made life president of the organisation.

Moores remained involved until the end of 1986. His family carried on running Littlewoods but John Clement succeeded Moores as chairman. Moores had two operations straight after each other, on his achilles tendon and then for an enlarged prostate during the summer of 1986, but he never was quite the same again. At the 1987 League Cup final, sponsored by Littlewoods, Moores was the guest of honour. In early 1988, by now mainly in a wheelchair, he was still visiting Littlewoods stores across the UK, but he began to lose his speech shortly afterwards and gave that role up. Moores attended Everton football matches up to a few years before his death.

Read more about this topic:  John Moores (merchant)

Famous quotes containing the word years:

    Early education can only promise to help make the third and fourth and fifth years of life good ones. It cannot insure without fail that any tomorrow will be successful. Nothing “fixes” a child for life, no matter what happens next. But exciting, pleasing early experiences are seldom sloughed off. They go with the child, on into first grade, on into the child’s long life ahead.
    James L. Hymes, Jr. (20th century)

    Every few years something new breaks into the circle of my thoughts.
    Mason Cooley (b. 1927)