Morrisons - Latest News and Analysis – Page 107
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Morrisons’ bid to woo south
Shoppers in the south are to be wooed by Morrisons, which is planning a major marketing campaign extolling the virtues of its stores and ranges. Morrisons is expected to launch a full-on media blitz in the south east towards the end of summer –...
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Asda on track for NI expansion
Asda has gained planning permission for four development sites for new stores in Northern Ireland as it gets under way with growth plans for the province.Three of these will replace existing Safeway stores, in Ballyclare, Enniskillen and...
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Rosé wines in the pink
Morrisons is taking advantage of the growing demand for rosé wine through its summer Drink Pink promotion.The promotion will run until mid July, with offers available across the whole of the rosé range, such as £1.50 off Fetzer Syrah Rosé....
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Morrisons still losing its hold
As we finally move into summer weather, many retailers are waiting in anticipation for seasonal sales uplifts. Even so, topline retail sales growth in the grocery multiples has been relatively good at 4.8% in the three months up to the beginning of...
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morrisons never ‘forgot’ the people
from Mike Greenwood, personnel and training director, MorrisonsSir; Steve Crabb’s uninformed views in the article ‘Don’t forget the people’ (The Grocer, June 18, p76) belittle the effort, skills and enthusiasm of the many people...
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City wants Morrisons peace
One senior retail expert said investors were infuriated by recent press coverage depicting the two men at loggerheads.He said: “The language used in the papers has been that of politics rather than commerce, which is disappointing. Sir Ken has...
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Unions join forces against Morrisons
Two of the biggest unions have joined forces and are threatening to shut down Morrisons’ distribution network across England and Scotland.Morrisons is facing a national ballot for strike action unless it caves in to demands from the T&G and...
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Morrisons boardroom troubles continue
Boardroom battles at troubled supermarket group Morrisons are set to continue over the summer.Reports in the Financial Times said that the retailer’s appointment of three non-executive directors earlier this week had failed to simmer the...
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Morrisons appoints three non-execs
After a lengthy and much publicised boardroom battle, troubled supermarket group Morrisons has finally announced the appointment of three new non-executive directors – Nigel Robertson, Brian Flanagan and Susan Murray.Nigel Robertson has held...
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Morrisons under pressure
Investors in Morrisons have called on the retailer’s board not to let short-term problems get in the way of much-needed corporate governance reforms.David Somerlinck, of City investors Pension Investment Research Consultants, said: “There still...
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Don’t forget the people
When you buy a business, you’ve got to take the people along with you, argues Steve Crabb, who believes the writing is on the wall for the Morrisons/Safeway marriage of opposites Seasoned observers of the HR scene have been watching...
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Wal-Mart eyes Republic
Wal-Mart already has its eyes on a move into the Irish Republic following Asda’s acquisition of 12 Safeways from Morrisons in Northern Ireland this week.Speaking to The Grocer before the annual shareholders’ convention in Bentonville,...
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Availability: who’s best
SUPERMARKET AVAILABILITY: June 2004 to June 2005 – quarter by quarterWhen it comes to getting product on shelf, it seems that nobody does it better than Morrisons. Having scooped the award for best availability for the past two years,...
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Asda buys Safeway Northern Ireland stores
Asda has acquired 12 Safeway stores in Northern Ireland from Morrisons, as predicted in this week’s Grocer.The agreement, announced this morning, will see Asda acquire 12 Safeway stores for £73.6m in cash plus the value of fuel stocks at the...
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Feeling the City heat..
...but Sir Ken had many backers at the agm, says Ronan HegartyFrom the large number of burly security men at Morrisons’ agm in Bradford, you would have been forgiven for thinking chairman Sir Ken Morrison expected trouble.But...
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Morrisons to get its estate in order
Morrisons is to sell a further 50 Safeway stores by November as it battles to get the integration process under control.Speaking on the day of its agm (May 26), chief executive Bob Stott said he hoped “in an ideal world” the original three-year...
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How to clean up
Morrisons is taking a leaf out of Safeway’s book and offering dry cleaning operations in its stores.The company is trialling its first dry cleaning facility in its Boroughbridge store in Yorkshire, emulating the success of the operations in...
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Best buys might have to go
The Competition Commission could force Somerfield to sell the two Safeway stores that best fit its customer base as they give the retailer a dominant market share, according to exclusive research for The Grocer.The watchdog is probing 23 of the...
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MBL names Aylwin as supply chain director
Musgrave Budgens-Londis has appointed former Safeway director Mark Aylwin as its new supply chain director.Aylwin joined Safeway’s store operations team in 1984 and moved into supply chain management in 1992. Five years later, he became...