Morrisons
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Mar- 2024 -13 MarchSupermarkets
Morrisons posts £1.1bn loss as debt payments rise
Morrisons has posted a loss before tax of £1.1bn for the year ended 29 October 2023 as its debts increased…
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Feb- 2024 -27 FebruarySupermarkets
Morrisons hires advisors as it eyes sale of bakery business
Morrisons has reportedly drafted in advisers to explore the potential sale of its bakery business, as part of plans to…
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5 FebruaryNews
Morrisons stores chief steps down
Morrisons stores chief has stepped down from his role at the company after four years, The Telegraph has reported. David…
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1 FebruarySupermarkets
Morrisons EBITDA hits £970m
Morrisons has revealed that its EBITDA increased 6.5% to £970m, for the year ended 29 October 2023. Alongside this, the…
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Jan- 2024 -23 JanuarySupermarkets
Morrisons nears £2.5bn sale of forecourt business
Morrisons is reportedly close to agreeing a deal to sell its forecourts business to Motor Fuel Group (MFG) in a…
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Sep- 2023 -28 SeptemberNews
Today’s news in brief-28/09/23
Rami Baitiéh will take over as Morrisons’ new CEO from November, succeeding David Potts, who has held the position for…
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Jun- 2023 -19 JuneSupermarkets
Morrisons invests £26m in sixth course of price cuts
Morrisons has announced that it will spend £26m on cutting prices in its stores for the sixth time this year.…
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Mar- 2023 -31 MarchNews
Morrisons sales rise in Q1 as it targets £700m cost-cutting drive
Morrisons has revealed that revenues rose by 3.4% to £4.7m in the first quarter of the year as it announced…
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9 MarchSupermarkets
Morrisons posts £1.5bn loss after CD&R acquisition
Morrisons has posted losses of £1.5bn one year after being acquired by US private equity firm Clayton, Dubilier and Rice,…
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6 MarchSupermarkets
Jobs at risk as Morrisons shifts to single maintenance supplier
Morrisons is reportedly planning to part ways with at least 83 maintenance suppliers and shift to one single supplier, in…
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