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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Oct- 2021 -4 OctoberSupermarkets
Morrisons acquired by CD&R in £7bn auction
Morrisons has announced that it has been acquired by US firm Clayton, Dubilier and Rice (CD&R) for a total of £7bn. The firm won the supermarket chain at auction on Saturday (2 October 2021), where it bid 287p per Morrisons ordinary share, against a rival offer from Fortress, for 286p…
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Sep- 2021 -29 SeptemberSupermarkets
Morrisons staff win first round of equal pay legal battle
Thousands of store workers at Morrisons have won the first decision in their legal for equal pay after an employment tribunal ruled their roles can be compared to their colleagues in distribution centres. The case comes after over 2,000 mostly female store worker staff from Morrisons, represented by law firms…
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21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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20 SeptemberSupermarkets
Supermarket Income Reit acquires six new sites for £113.1m
Supermarket Income Reit, the real estate investment group, has announced the acquisition of six supermarkets for a total purchase price of £113.1m. Acquired from different vendors, the purchases consist of a Tesco in Prescot, two Morrisons in Durham and Cumbria, an Aldi in Oldham and an Aldi and M&S Foodhall…
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20 SeptemberSupermarkets
Morrisons announces ‘zero waste’ stores trial
Morrisons has announced the trial launch of the UK’s first six ‘zero waste’ stores in Edinburgh, which will have the ability to operate with zero waste by 2025. If successful, Morrisons will aim to roll out the ‘zero waste’ store format to all it’s 498 stores across the UK over…
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9 SeptemberSupermarkets
Morrisons warns of ‘industry-wide’ inflation as profits drop 37.1%
Morrisons has forecasted “industry-wide” price increases across the retail sector during the second half of FY22, as HGV driver issues continue to cause supply chain disruptions. The supermarket chain attributed the expected hike in prices to recent commodity price increases and freight inflation, as well as the ongoing driver shortages.…
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7 SeptemberSupermarkets
Morrisons battle set to be decided with auction
The bidding war between rival US private equity firms for the ‘Big Four’ grocer Morrisons is reportedly set to be decided with an upcoming auction. According to the Mail, The Takeover Panel will begin talks with both Fortress and Clayton, Dublier and Rice (CD&R) and the Morrisons board as early…
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Aug- 2021 -31 AugustSupermarkets
Issa brothers plan to open 300 Asda convenience stores
Asda’s new owners, the Issa brothers’ are reportedly planning to open more than 300 convenience stores under the supermarket’s name across their EG Group forecourts. According to The Times, the pair are looking to roll out the concept after they previously launched five ‘Asda on the Move’ stores as a…
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25 AugustSupermarkets
Morrisons takeover could weaken pension security, pension trustees warn
A takeover of Morrisons could “materially weaken” the security of its pensions schemes if additional protections are not implemented, according to the trustees of the schemes. The comment comes as part of a statement released from The Morrisons Retirement Saver Plan and The Safeway Pension Scheme, which represents over 85,000…
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23 AugustSupermarkets
Morrisons eyes ex-Tesco boss Terry Leahy as chairman
Morrisons is reportedly considering appointing former Tesco boss Sir Terry Leahy as its next chairman if a £7bn takeover bid from Clayton Dublier and Rice (CD&R) is successful. According to The Telegraph, Leahy, who is also a senior advisor to CD&R, is being considered for the role due to his…
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