All Morrisons articles – Page 10
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NewsMorrisons profits come in at top end of guidance despite slump
Morrisons has reported a slump in full-year profits and sales but said adjusted EBITDA will come in at the top end of guidance in the third quarter.
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NewsMorrisons unveils major price-cutting drive across 820 popular items
Supermarket giant Morrisons has reduced the price of 820 items across food, drink and household goods as part of a commitment to helping customers with the ongoing cost-of-living pressures.
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NewsMorrisons slashes prices on 130 items as cost of living bites
Supermarket giant Morrisons has reduced the prices on 130 items at the start of the year including bread, meat and cheese to help shoppers struggling with ongoing inflation.
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AnalysisThe Big Shop Barometer: Data reveals who is really winning grocery’s festive price war
Big four giants Tesco and Asda have closed the price gap on Aldi as grocery retailers battle to secure sales during the crucial Christmas trading period.
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NewsMorrisons strikes warehouse sale and leaseback deal for £220m
Morrisons is said to have entered a sale and leaseback deal to accelerate the rollout of its convenience store format.
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NewsSearch begins for successor to Morrisons boss Potts
Morrisons’ private equity owner is pondering an eventual successor to chief executive David Potts.
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AnalysisThe Retail Week future CEOs list 2022
Retail Week speaks to the industry’s top headhunters to find out who will be in the next wave of retail bosses
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NewsSupermarkets hit out at claims fuel prices are ‘taking advantage of customers’
Supermarket retailers have hit back at claims that their fuel prices are “taking advantage of customers” during the cost-of-living crisis.
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NewsMorrisons invests £3m in slashing prices on Christmas staples
Supermarket chain Morrisons has slashed the prices of 52 products it says “see a spike in sales” over the festive period, to help customers with the rising cost of living.
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DataGrocery shoppers flock to own-brand products as inflation pressure mounts
Consumers upped their spending on grocers’ own-brand lines last month as food price inflation reached another high.
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AnalysisShopper survey: How cash-strapped consumers plan to cut spend this Christmas
Sweet treats face being cut from Christmas shopping lists this festive season as cash-strapped consumers look to make ends meet, according to new research carried out for Retail Week
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NewsMorrisons to close 132 McColl's stores putting 1,300 jobs at risk
Morrisons is to close more than 130 McColl’s stores, leaving 1,300 jobs hanging in the balance.
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NewsMorrisons' acquisition of McColl's given green light by competition watchdog
Morrisons’ acquisition of c-store chain McColl’s has taken another step towards completion after the competitions watchdog decided not to escalate its investigation into the merger.
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NewsMorrisons kicks off supermarket sale and leaseback plans
Morrisons has kick-started plans to sell off some of its supermarkets in a bid to raise cash during difficult economic conditions.
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NewsMorrisons one step closer to CMA approval with plans to sell McColl’s stores
The Competition and Markets Authority has said it is “minded to accept” Morrisons’ proposal to divest 28 stores in response to competition concerns.
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NewsDeliveroo opens first bricks-and-mortar grocery store
Deliveroo has opened its first physical grocery store in London, working in partnership with supermarket giant Morrisons.
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NewsMorrisons faces down £100m borrowing costs hit
Supermarket giant Morrisons is facing a £100m bulge in its borrowing costs as market volatility takes further toll on the debt-laden business.
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NewsMorrisons’ Trevor Strain in frame for top M&S role
Morrisons’ departing chief operating officer Trevor Strain is a leading contender to take on an executive role at Marks & Spencer, Retail Week has learned.
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NewsMorrisons profits plummet as ‘unprecedented’ inflation hits food manufacturing
Morrisons profits more than halved as the grocer bemoaned “unprecedented inflationary pressures” on its vertically-integrated food manufacturing.
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NewsMorrisons chief operating officer Trevor Strain steps down
Morrisons chief operating officer Trevor Strain has today informed the grocer’s board that he wishes to leave the business.