Morrisons
This coverage explores Morrisons’ strategy, operations, and market presence within the UK grocery and retail sector. Reporting includes store performance, product development, supply chain initiatives, financial results, marketing strategies, sustainability efforts, and leadership decisions. With an emphasis on commercial impact and competitive strategy, it provides valuable insights for retail professionals managing grocery, convenience, and large-scale retail operations.
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Jun- 2024 -20 JuneSupermarkets
Starmer reaffirms commitment to crackdown on shop worker abuse
Labour leader Keir Starmer has reaffirmed the party’s commitment to cracking down on abuse against shop workers should his party emerge victorious at the general election. Starmer reiterated the promise from his party’s manifesto to introduce a specific offence for assaults on store staff. He made this commitment to a…
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18 JuneSupermarkets
Supermarket sales slow in May as wet weather dampens visits
Take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, marking the slowest increase since June 2022 as poor weather and falling inflation impacted the sector, according to the latest data from Kantar. Growth in footfall has also stalled, with the average shopper visiting a…
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17 JuneNews
Today’s news in brief-17/6/24
Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of creditors, includes a £10m equity raise and delisting from the stock market. Founder Julian Dunkerton will underwrite the equity raise, which the company believes will provide sufficient liquidity for its…
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17 JunePeople Moves
Morrisons exec steps down after three months
The interim chief customer officer at Morrisons has stepped down from the role after only three months in the position. Darren Blackhurst’s appointment as interim chief customer and marketing officer was expected to lead to a permanent position, The Times has reported. However, Blackhurst stepped down from the supermarket’s board…
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7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 JuneNews
Second Morrisons strike called off after improved pay offer
Planned industrial action that was due to take place at Morrisons warehouses in Northwich and Wakefield from 13 June to 16 June has been called off. Between 23 May and 26 May, hundreds of workers in Gadbrook in Cheshire and Wakefield in West Yorkshire had been taking part in strike…
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5 JunePeople Moves
Asda appoints Lidl COO to lead store operations
Asda has appointed Matt Heslop to lead its stores and depots operation, including the 470 convenience stores in its newly-established Asda Express division. Heslop joins from Lidl where he is currently chief operating officer. He has spent over 20 years with the discount retailer in various senior operational roles. Asda said…
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May- 2024 -24 MayNews
Today’s news in brief-24/5/24
In April, retail sales volumes dropped by 2.3% following a 0.2% decline in March, primarily due to ongoing wet weather, as reported by the Office for National Statistics (ONS). Non-food stores experienced a significant 4.1% fall, equalling the largest drop since January 2021, with clothing, sports equipment, and furniture retailers…
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24 MaySupermarkets
Morrisons warehouse staff strike over pensions
Morrisons has warned of disruption as almost 1000 warehouse workers have walked out for the next three days in a row over pensions. Workers at Morrisons distribution centres Gadbrook, Cheshire, and Wakefield, West Yorkshire have begun the first of two strikes. The employees claim that Morrisons is attempting to cut…
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20 MayNews
Today’s news in brief-20/5/24
Asda reported a robust financial performance for Q1 2024, with a 6.6% increase in total revenues (excluding fuel) to £5.3bn and a 1.4% rise in like-for-like sales. The supermarket chain saw notable growth in its George at Asda clothing line and homewares, with the latter boosted by the new Stacey…
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