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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Dec- 2024 -2 DecemberFeatures
How retailers can maximise donations this Christmas
The festive season is known for being a time of celebration, indulgence, and generosity but for many, it’s also a time of financial strain, with rising living costs making it difficult to meet even basic needs. For retailers and supermarkets, the Christmas period presents a unique opportunity: not only to…
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Nov- 2024 -28 NovemberNews-In-Brief
Today’s news in brief-28/11/24
Consumer confidence remains subdued as the festive season nears, according to the British Retail Consortium (BRC). While personal retail spending rose slightly to +3 in November from +2 in October, and overall spending expectations stayed at +17, worries about the broader economy persist. Financial expectations improved marginally to -3, but…
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28 NovemberNews
Morrisons to cease deliveries from Ocado’s Erith centre
Morrisons has announced that it will gradually cease deliveries from Ocado’s Erith Customer Fulfilment Centre (CFC). Ocado has said that the decision comes as Morrisons has decided to process a greater share of its online deliveries through Dordon CFC and with in-store fulfilment. This also means that Ocado Retail will…
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27 NovemberSupermarkets
Around 92% supermarket loyalty schemes offer ‘genuine’ savings, CMA finds
The Competition and Markets Authority (CMA) has found that people who are members of a loyalty scheme can almost always make a genuine saving on the usual price by buying loyalty priced products. Having analysed around 50,000 grocery products on a loyalty price promotion, the CMA found very little evidence…
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22 NovemberFeatures
Reimagining retail through the physical store experience
In an ever-evolving retail landscape, Marcus Fox, CEO of Agile Retail, has distinguished himself as a leader who is rewriting the rules of the game. With nearly two decades of experience spanning supermarket giants Sainsbury’s and Morrisons and now leading a nimble, 50-person business, Fox embodies a unique blend of…
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21 NovemberNews-In-Brief
Today’s news in brief-21/11/24
Boohoo has appointed Tim Morris as its new independent Chair, effective immediately, marking another milestone in the company’s ongoing restructuring. Mahmud Kamani, the founder, transitions to the role of executive vice chair while waiving his salary for a year. This change aligns with Boohoo’s broader strategy to improve governance and…
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21 NovemberNews
Morrisons set to close Rathbones bakery, 400 jobs at risk
Morrisons is preparing to close down its Rathbones bakery in a move that could put almost 400 jobs at risk, according to the BBC. The supermarket initially acquired the bakery in 2005 but said it has struggled to make it profitable “for a number of years”. Morrisons has now reportedly…
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19 NovemberNews-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since the start of 2023, the supermarket’s debt has dropped from £6.2bn to £3.8bn, supported by a £370m ground rent deal with Song Capital. The restructuring extended Term Loan Facilities to…
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19 NovemberNews
Morrisons slashes debt by £2.4bn following restructuring
Morrisons has announced a substantial reduction in its debt following a major restructuring process, lowering debt by £2.4bn. In an official announcement, the supermarket chain has confirmed that since the beginning of 2023 its debt fell from a peak of £6.2bn to £3.8bn. This includes a further repayment of an…
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13 NovemberSupermarkets
Morrisons to invest £7m in Channel Island convenience stores
Morrisons has revealed its acquisition of 36 convenience stores in Jersey, Guernsey and Alderney from SandpiperCI has now been completed and also unveiled plans to invest over £7m into the estate. There are currently 19 Morrisons Daily stores and the remainder operate under the Iceland, Chequers Express and Le Cocq…
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