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- 2021 -21 JuneSupermarkets
Morrisons rejects £5.5bn CD&R takeover bid
Wm Morrison Supermarkets has rejected a £5.5bn takeover bid from the American private equity company, Clayton, Dubilier and Rice (CD&R). Submitted on 14 June, CD&R’s offer was valued at 230 pence per Morrisons share for the entire share capital of the group. However, following a valuation with the supermarket chain’s…
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11 JuneSupermarkets
Morrisons shareholders vote against exec bonuses
Morrisons shareholders have overwhelmingly voted against the retailer’s remuneration proposals which included paying David Potts, chief executive, £1.7m in bonuses, according to the BBC. Last year all Morrisons colleagues had their bonus “significantly enhanced” and paid early to recognise their “extraordinary commitment, innovation, selflessness” and hard work during the past…
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May- 2021 -11 MaySupermarkets
Morrisons predicts stronger profits amid sales surge
Morrison’s has predicted that net debt for the year will be no higher than pre-pandemic levels and that profit before tax will grow to more than the £431m the group achieved last year had the group not waived its right to £230m business rates relief. The news follows the supermarket’s…
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6 MayCoronavirus
Retail workers suffer worst mental health of any employee group
Retail staff in the UK are currently suffering among the worst mental wellbeing of any employee group, according to the industry charity retailTrust. The survey of nearly 1,300 retail employees revealed their average wellbeing levels are much lower than in people who work in other industries, with 84% of workers…
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4 MaySupermarkets
M&S names Andrew Shaw as head of BWS
Marks and Spencer has announced the appointment of Andrew Shaw as the group’s head of beers, wines, and spirits (BWS). Joining alongside a number of senior commercial appointments, Shaw will report directly to Lizzy Massey, ambient trading director at M&S. Shaw will be tasked with strengthening the company’s transformation plan,…
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Apr- 2021 -30 AprilSupermarkets
Co-op set to ban sale of ‘bags for life’ across its 2600 stores
The Co-op is set to become the latest supermarket to ban ‘bags for life’ from sale across its 2600 stores. According to the group, bags for life use more plastic in their production than conventional single use carriers, which has in turn increased the amount of plastic in circulation. Co-op’s…
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29 AprilSupermarkets
CTSI warns of supermarket fake text scams
The Chartered Trading Standards Institute (CTSI) has received evidence of a text scam involving Asda and Morissons delivery messages. One of the fake texts stated that “your Asda order is out for delivery” and links to a webpage supposedly allowing the recipient “to track your order and view your delivery…
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28 AprilAdvice
Unlocking the future of in-store shopping – with our phones
Amazon Fresh still seems surreal (at least for some shoppers, for whom it feels a bit too closely like theft!). It’s a relatively new concept in the UK, with just three Amazon stores live at time of writing. But everything else surrounding the Fresh concept is already second nature, and…
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26 AprilPeople Moves
Ex-Post Office chief exits Morrisons and Dunelm boards
Paula Vennells, the ex-chief of the Post Office, has announced she is leaving the board of Morrisons and Dunelm – after the High Court cleared the name of 39 post office workers who were falsely accused of accounting fraud, due to failure in the company’s security system. Vennells, who is…
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23 AprilSupermarkets
Co-op management restructuring to impact 2,000 jobs
The Co-op retail chain is set to alter its store management structure, impacting 2,000 staff members in the process. The group will axe the role of team manager across the majority of its stores from April, leaving the sites to operate with a store manager, team leader, and customer team…
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