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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Nov- 2023 -6 NovemberSupermarkets
Morrisons slashes prices on festive items
Morrisons has cut prices of 58 “popular” festive items and is committing to keeping the prices low until 31 December. Products such as stuffing, roast potatoes, cranberry sauce and tin foil will see price cuts from today (6 November) so that shoppers can stock up ahead of Christmas day. The…
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Oct- 2023 -10 OctoberNews
Today’s news in brief-10/10/23
Grocery price inflation has fallen for the seventh consecutive month, reaching 11% for the four weeks ending on October 1, 2023. This is the lowest rate since July 2022, based on data from Kantar. During this period, take-home grocery sales increased by 9.1% compared to the previous year, likely influenced…
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10 OctoberSupermarkets
Grocery price inflation falls for seventh consecutive month
Grocery price inflation has fallen for the seventh month in a row to 11% for the four weeks to 1 October 2023, the lowest rate since July 2022, according to new data from Kantar. Over the period, take-home grocery sales rose by 9.1% compared with last year, as people enjoyed…
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9 OctoberNews
Today’s news in brief-09/10/23
Frasers Group CEO Michael Murray has announced a significant shift away from the traditional department store model for House of Fraser. Murray aims to “rethink the space” by incorporating Frasers Group’s own brands and potentially phasing out the House of Fraser brand altogether. This transformation seeks to address previous issues,…
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9 OctoberNews
Waitrose in talks with Amazon over grocery deal
Waitrose is reportedly in talks with Amazon to consider selling groceries on the platform in a bid to regain market share lost to other discount retailers, The Telegraph has revealed. The pair are reportedly considering a new third-party deal, three years after Waitrose severed ties with Ocado. Recently, Amazon struck…
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6 OctoberNews
Sainsbury’s is priciest supermarket for a big shop, says Which?
Sainsbury’s is the priciest supermarket for a big shop if you don’t use a loyalty card, according to claims by Which? in its most recent analysis. The grocer overtook Waitrose for the first time in the monthly analysis, which has been running for years, becoming the most expensive supermarket to…
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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 nine years. Baitiéh, previously a chief executive at Carrefour France, will work closely with Potts during the transition. Potts expresses confidence in Morrisons’ future growth, highlighting the company’s unique position…
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28 SeptemberPeople Moves
Morrisons appoints new chief executive
Morrisons has announced the appointment of Rami Baitiéh as its new chief executive from November. He will succeed David Potts, who has been Morrisons CEO for nine years, and will work closely with him to ensure a smooth handover period. Potts and Sir Terry Leahy, senior advisor at CD&R, had…
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28 SeptemberSupermarkets
Morrisons sales hit £3.8bn in Q3
Morrisons has reported that like-for-like sales not including fuel, increased by 2.9% during Q3 ended 30 July, increasing its total sales by 3.1% to £3.8bn. The supermarket chain has attributed this to its focus on competitive pricing, inflation being below the market, and further investment in its ‘Price Locked Low’…
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26 SeptemberNews
Today’s news in brief-26/09/23
Frasers Group has unveiled a new Flannels store in Nottingham city centre, featuring luxury designer clothing and accessories. The 15,000 sq. ft store houses brands like Gucci, Christian Louboutin, Saint Laurent, and Valentino. The opening is part of Frasers’ commitment to investing in retail and expanding its premium shopping destinations…
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