Morrisons - Latest News and Analysis – Page 103
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Bolland appointed Morrisons CEO
As expected, Marc Bolland, chief operating officer of Heineken, has been appointed chief executive officer of Morrisons.The supermarket group said that Bolland, who has worked at Heineken for 20 years, would take up his new role on 1...
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Price Survey
Iceberg lettuce prices have plummeted at Asda, Sainsbury, Morrisons, Waitrose and Somerfield this week but the order of our top six supermarkets has remained unchanged. Asda is still The Grocer 33&'s cheapest supermarket for...
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"If Morrisons has failed to act quickly enough, it won't have done itself any favours"
Just how many warnings does a retailer need? Morrisons could now face criminal prosecution for the Scottish E.coli outbreak. On the one hand, it's easy to sympathise. There's been a huge increase in the number of food scares in the past...
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E.coli prosecutionthreat
Morrisons could yet face criminal charges over an E.coli outbreak linked to one of its stores in Scotland, which left a 66-year-old woman dead and eight others ill.The retailer is waiting on the results of a police report...
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Sir Ken plans to bow out after 50 years in charge
Analysts say Sir Ken Morrison&'s retirement from Morrisons in 2008 will leave the supermarket group &"weaker for his absence&".This week, at the retailer&'s agm, Sir Ken, who has been chairman of Morrisons since...
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Multiples facing depot discontent
Supermarkets are facing a summer of discontent over industrial disputes at depots, with union relations increasingly tense. Morrisons is braced for up to 600 employment tribunals in relation to disputes at its now closed Aylesford depot....
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Are the takeover rumours credible?
Amateur property developers often dream of finding an undervalued property than can be fixed up and quickly turned for a nice profit. In the past few weeks several private equity groups appear to have been eyeing Morrisons in the same...
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Morrisons shows good form
This week's winner of The Grocer 33's Top Store Award is Morrisons in Lancashire, which delivered excellent performance, particularly in terms of staff service and keeping the aisles free of clutterTo claim The Grocer 33's Top...
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Morrisons on the move
Morrisons has kicked off the long-awaited move to its new multimillion-pound head office in Bradford, also admitting that it had fallen behind its rivals during its protracted integration of Safeway. However, chief executive Bob...
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Sainsbury to open in Upper Norwood
Sainsbury has heard the cry of a south London community desperate for a new supermarket. The retailer is set to take over a former Morrisons store in Upper Norwood, near Croydon, by August. Retailers had claimed that since the...
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Cantor tips Holmes as next Morrisons chief executive
Tesco's convenience chief executive Colin Holmes is narrowly ahead of its commercial and trading director, Richard Brasher, in the race for Bob Stott's job at Morrisons, according to an analysis of runners' and riders' odds produced...
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In Brief: CI Traders recovers; Desserts recalled; Joint venture; Cake-baking boom; Cardpoint in talks
Retail leisure conglomerate CI Traders' full-year pre-tax profit to January 28 rose 3.4% to £15.2m, on turnover up 11% to £326.1m. The group, which acquired two Safeway stores in Jersey and Guernsey from Morrisons last April,...
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It's time to place your bets
Ever since Morrisons announced that Bob Stott would be standing down as chief executive, the speculation has been mounting as to his successor. Would it be an insider, a woman or, perish the thought, a southerner? The Bradford-based...
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Stott to act as consultant to Morrisons for one year
Bob Stott, outgoing chief executive of Morrisons, is to take on a consultancy role at the supermarket group when he steps down later this year. The retailer's annual report, published this week, revealed that Stott would work on a...
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Popcorn heat turned on by US
A microwaveable popcorn brand from the US is to explode on to the UK snacking market. The Orville Redenbacher brand - named after a popcorn pioneer - has been in the US for about 40 years and already has listings in Morrisons and...
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ConAgra targets UK in bid to expand its global sales
ConAgra, one of the largest food companies in the US, has the UK in its sights as part of its international expansion. Orville Redenbacher microwaveable popcorn has been launched into Morrisons and the Co-operative Group. The...
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Suppliers pay for recovery
Morrisons has claimed that its suppliers have nothing to worry about - despite revealing that the terms it receives will play a key role in its long-awaited optimisation plan.The retailer this week announced a record loss of...
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Morrisons: smooth operators
One of the recent success stories from the health food boom is located in the chiller and is, of course, fruit juices and smoothies. However, it is not a huge category, containing only about 60 lines. But underneath the average there...