Morrisons - Latest News and Analysis – Page 112
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Tesco holds the winning ticket
Luck is with the UK’s top grocer in the lottery for Safeway stores, says Siân HarringtonThe one thing missing from Tesco’s triumphant results announcement this week was any news of Safeway store acquisitions. Considering the UK’s...
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Morrisons fails to fill vacuum
With spring officially here, there’s no better time to look at how well the multiples meet consumer demand for household cleaning products.We recorded wide differences between retailers in terms of the variety of products stocked, with 119...
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The profitable paper chase
Is Morrisons about to jettison one of grocery’s most effective marketing tools? Robert McLuhan reportsFour years ago Safeway raised eyebrows when it dropped its loyalty card and national advertising in favour of door-to-door...
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These are the days
Morrisons is giving Asda a run for its money with unabashed nostalgia in its Market Street format. Edward Garner reportsAs 2004 unfolds, there is little doubt that one of the most dramatic changes to the retail landscape, beginning in...
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Press round-up…Tesco
Outgoing chief executive at Safeway, Carlos Criado-Perez has said that Tesco has been given too much of a free hand by the UK regulators.In the wake of Tesco’s clearance by the Office of Fair Trading to buy c-store group Adminstore,...
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Waitrose gets a perfect fit
The Safeway stores Waitrose has picked up in the north of England are a perfect fit for its upmarket format, new research has revealed.Analysis conducted by CACI has revealed that the Safeway store Waitrose has acquired in Harrogate – the...
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Buyer exodus detailed
Morrisons has ended the long wait for Safeway buyers, announcing when they will be made redundant and offering about 70 new buying positions at its Bradford HQ.Trading teams were told the news at debriefing sessions on Monday, after waiting...
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First Safeways go to Waitrose
Tesco and Sainsbury are frontrunners in the race to pick up the remaining Safeway stores that Morrisons must sell to satisfy regulators.Waitrose this week picked up 14 stores from the disposal list plus four other Safeway stores and a Morrisons...
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Safeway names new CFO
US grocer Safeway has appointed Robert Edwards as its new executive vice president and chief financial officer. Edwards will oversee the company's finance, investor relations, information technology, real estate and legal functions....
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Shoppers win as Morrisons cuts prices
Morrisons made a raft of price cuts at newly acquired Safeway within days of its £3bn takeover of the chain on March 8.The Grocer 33 survey this week shows that 13.6% was slashed from the total price of 14 items on the list at Safeway in...
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Value for money wins over price
While it is still much too early to assess how the new Morrisons group will perform, the fact that more than a third of all shoppers now visit one or other of the fascias demonstrates that there is a big opportunity to develop the range further...
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Named: the first five Safeways to switch
Morrisons has revealed the five Safeway stores which will initially be integrated into its estate at the start of a £1.5bn conversion programme.After taking control of Safeway on Monday, Morrisons said medium-sized stores would be rebadged as...
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Morrisons completes Safeway deal
Bradford-based supermarket chain Morrisons has today completed its year-long £3bn takeover of rival chain Safeway. Executive chairman Sir Ken Morrison said the deal marks an exciting beginning for the new company. Sir Ken continued:...
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Six of the best ice cream buyers
>>nominated this monthMIKE LEWISsenior buyer for frozen foods, MORRISONSMike has worked in retail for more than 10 years, starting off at the Co-operative Group before moving to Booker in a group buying role....
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The silent problem
A code is toothless if suppliers won’t speak out says Elaine WatsonTesco, Asda, Sainsbury and Safeway have all welcomed the review. They have said they will co-operate with the audits and they have stressed their commitment to building strong...
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Organising for success
What lessons are to hand for Sir Ken Morrison in a study of earlier company marriages? Duncan Brown has some tips for avoiding shareholder disappointment and the loss of key talentWith the arranged marriages of Morrisons/Safeway and...
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As Morrisons takes over...
Bosses at Morrisons will visit Safeway’s headquarters on Monday to outline their plans for the combined group as its long-awaited deal to acquire Safeway is finally completed.A Safeway source said Morrisons was keeping its cards close to its...
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What price independence?
Can an EDLP strategy help independents as the multiples’ c-stores pile on the pricing pressure, asks Siân HarringtonWith Morrisons’ takeover of Safeway, every day low pricing is about to become the norm in the multiples. Even...
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Non-execs in the glare
The JS débâcle has made non-executive directors a thorny issue says Glynn DavisWith Sir Ian Prosser gone as non-executive deputy chairman of Sainsbury before he had even done a day’s work, Morrisons will clearly have to tread...
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Filling a gap down south
Exclusive research reveals the opportunities and challenges for a post-merger Morrisons. Simon Mowbray reportsAccording to the cynical age-old adage about number crunching, there are three types of lies – lies, damn lies and...