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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Jan- 2025 -29 JanuaryDepartment Stores
Next CEO uses Lords status to lodge amendments to NI bill
The CEO of Next, Lord Wolfson, has reportedly used his position in the House of Lords to table amendments aimed at phasing in the upcoming changes to employers’ national insurance contributions, The Times has reported.The measures outlined in the budget will see employers’ national insurance contributions rise from 13.2% to…
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29 JanuarySupermarkets
Morrisons FY revenues hit £15.3bn amid ‘strongest’ quarter since 2021
Morrisons’ revenues jumped 3.8% to £15.3bn for the year ended 27 October 2024, with its Q4 performance being the “strongest” quarter in four years. Full-year like-for-like sales were up 4.9% for Q4 and 4.1% for the full year, representing eight consecutive quarters of positive LFL sales. Revenues during the final…
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24 JanuaryNews-In-Brief
Today’s news in brief-24/1/25
Morrisons has announced plans to cut over 200 jobs as part of a restructuring effort aimed at reducing costs and enhancing operational efficiency. The proposed changes include the removal of regional people managers, store people managers, and case specialists. The company intends to replace these roles with a centralised structure,…
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24 JanuarySupermarkets
Iceland shares more than 600 job openings amid sector cuts
Iceland has shared that more than 600 jobs are available across its operations nationwide. This comes amid reports that both Sainsbury’s and Morrisons are set to cut jobs in the coming months. The development comes as the supermarket continues to expand its footprint, currently operating more than 950 stores across…
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24 JanuarySupermarkets
Morrisons to axe hundreds of roles as part of cost-cutting plans
Morrisons is set to cut more than 200 roles from its Retail People Team, in the same week that Sainsbury’s also announced widespread cuts across the business in order to shore up costs. As part of the cost reduction plan, Morrisons is proposing to remove the roles of regional people manager,…
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7 JanuarySupermarkets
Average household supermarket spend hit £460 this Christmas, Kantar finds
Household spending on take-home groceries hit a record high this Christmas at £460 on average, according to the latest data from Kantar. Overall take-home sales at the grocers rose by 2.1% over the four weeks to 29 December compared with last year. It comes as Katar found that people were…
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Dec- 2024 -24 DecemberSupermarkets
Ocado customers missing Christmas items amid warehouse malfunction
Hundreds of Ocado orders have been delivered with missing items after a malfunction at one of its Customer Fulfilment Centre’s (CFC). Some customers said their orders were missing chilled and frozen products, with others claiming to be without dozens of items, according to reports from Mail Online. It is understood…
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10 DecemberSupermarkets
Supermarket sales to hit £13bn over Christmas
Supermarket sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to the latest data from Kantar. The news comes as take-home sales at the grocers increased by 2.5% over the four weeks to 1 December 2024 as shoppers get ready for…
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6 DecemberSupermarkets
Morrisons CEO urges gov to rethink budget costs
Morrisons’ CEO has called on the government to stagger its “avalanche” of business costs following the latest budget.Speaking to The Sun, Rami Baitieh urged Labour to consider the costs of National Insurance changes, business rates rises and the increase in minimum wage. He told the paper that National Insurance changes…
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5 DecemberAnalysis
What’s stopping supermarkets from selling loose fruit and veg?
Aldi is taking a bold step toward reducing plastic waste by trialling 12 new loose fruit and vegetable lines across select stores in Northern England. Customers in County Durham, Cumbria, and other northern regions can now buy items like parsnips, broccoli, ginger, and oranges without the unnecessary plastic wrap. If…
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