Channels news – Page 728
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NewsAnt & Dec's relationship with Morrisons ends
Morrisons and Ant & Dec are calling time on their multi-million pound advertising deal, two years after it was first signed
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NewsDavid Potts tells Morrisons employees he will 'listen as hard as I possibly can' in new video
The new CEO records a message for staff on his first day at work
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NewsMinimum wage hike leaves convenience store operators frustrated
The ACS warned that the 3% increase in the adult rate from £6.50 to £6.70 would have a negative impact on staffing and investment levels in the convenience sector
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NewsCity snapshot: Sainsbury's Q4 like-for-like sales down 1.9%
Sainsbury’s like-for-like sales drop in the fourth quarter edges out to 1.9%, while 2 Sisters Food Group owner Boparan has announced a 1.6% fall in second quarter and all the other latest news from the City.
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NewsTesco to delist Kingsmill bread
The Tesco delisting is a further blow to a brand that has been hit particularly hard by ongoing pressures on the wrapped bread market
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NewsBBC News report on Morrisons
A segment on the Morrisons situation from BBC News, featuring The Grocer editor Adam Leyland
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NewsBusiness tax rate review announced by government
The review, set to report in 2016, would look at how businesses use property, what the UK can learn from other countries, and how to modernise the system
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NewsCo-op staff welcome 8.5% pay rise proposal
The proposal is worth in excess of £85m a year and will see minimum pay rates for a full-time employee increase
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NewsWaitrose fixes glitch that gave shoppers money back at tills
The glitch occurred when the tills failed to remove promotions on products reduced at the end of the day
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NewsAsda seeks to avert driver shortage crisis with £1m scheme
Asda are on track to have transferred 100 warehouse employees over to driving within 12 months
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NewsMorrisons store estate value in £1.3bn writedown
The cut in the value of its store estate is down to the reduced price that Morrisons could raise if it sold its property assets
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NewsAldi and Lidl increasingly pulling in posh AB shoppers
The discounters have been increasingly attracting upper middle class shoppers, who certainly weren’t using them even two years ago
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NewsMedia bites 13 March: Morrisons, Waitrose, BHS
Not unexpectedly, Morrisons’ near £800m loss yesterday gets plenty of coverage with most of the focus on the £1.3bn property write-down and the closing of 23 convenience stores.
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NewsCity snapshot: Waitrose's weekly sales tick up after annual profit fall
There was some cheer for Waitrose bosses this morning as its weekly sales ticked up slightly after their recent flatlining
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NewsWaitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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NewsArla brings Icelandic culture to UK yoghurt market
Arla Skyr is available now in Asda stores with further roll-out planned, having previously only been available in independent Scandinavian-themed shops
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NewsWaitrose operating profits tumble 23.4%
A significantly higher level of investment and one-off items have bitten a large chunk out of Waitrose’s operating profits
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NewsMorrisons to close 23 M Local stores as it posts £792m loss
Morrisons has posted a £792m loss for the year to 1 February on the back of a £1,273m property impairment.
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NewsMorrisons results: What the analysts say
Reactions to the Morrisons results are flooding in from analysts
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NewsInternet sales of non-food products outgrow bricks and mortar for sixth consecutive month
Online sales last month represented 17.5% of total non-food sales, up from 16.6% in February 2014