Morrisons - Latest News and Analysis – Page 114
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Safeway fields estate offers
Safeway has been fielding offers from rivals interested in tranches of its estate after the DTI’s relaxation of a blanket ban on bids for stores other than the 53 Morrisons would have to divest.Safeway director of communications Kevin Hawkins...
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The 25 most impressive companies
>>How private investors ranked the food and drink sectorAnd Lockwood says the survey shows how critical media coverage is to investor sentiment. “Press coverage matters. Would Morrisons have been where it is in the survey if...
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Safeway/BP link drives profits
Safeway has posted a 44% leap in interim profit from its convenience store joint venture with fuel giant BP.For the six months to October 11, Safeway said its share of the £6.9m partnership profit with BP would be £3.5m. Total sales...
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Safeway adds selling space
Safeway said it has the potential to add 11% to its total sales area in the UK subject to planning consent.Chairman David Webster said that at the end of the first half the group had 79 approvals for megastore extensions or resolutions to...
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Morrisons ups market share
Morrisons is the only major multiple to have increased its market share over the last three months, according the latest till roll data from TNS.For the 12 weeks to November 10, Morrisons edged up 0.1% to 6.4% to remain in fifth spot, while...
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New offensive on availability
On-shelf availability is the next key issue that retailers and suppliers must tackle in order to reduce costs, increase sales and increase consumer loyalty.Speaking at IGD’s annualretail logistics conference, Safeway’s supply director...
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In defence of a realm
Grocers in the Channel Islands are refitting to wrest every last penny from existing shelf space before the advent of Morrisons. Elaine Watson reportsChannel Islanders have faced their fair share of foreign invaders, from...
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Major areas of impact on takeover
>>where the big decisions must be madePromotions and pricing – Black expects the pricing strategy of Morrisons to become prevalent in the combined group’s stores with “high-low going out of the window” and replaced by EDLP....
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Fault lines along the path to union
Glynn Davis explores cultural flashpoints liable to flare in a Morrisons-Safeway integration processMorrisons might be close to the finishing line in the marathon takeover battle for Safeway but only when the deal is actually...
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Safeway tackles Scottish press
Safeway has expressed disappointment at reports in the Scottish press that it created a fiasco in the sale of tickets for Scotland’s Euro 2004 soccer match against Holland at Hampden Park on November 15.Safeway sold 8,800 tickets across 48...
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Tesco slides three places
There has been a lot of movement in the fascia chart this week with Sainsbury continuing its rise up the chart knocking Tesco off the top spot. Tesco has slipped down to fourth spot with both Morrisons and Somerfield climbing ahead of Tesco on the...
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Non-food risesat Morrisons
Morrisons is raising the profile of non-food with the launch of a new department called ‘At Home With Morrisons’.Three new Morrisons stores have the department – Catcliffe, near Sheffield, Cribbs Causeway in Bristol and Barnsley – and it...
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Freight expectations
Safeway is way down the track, but now the other multiples are shifting freight on to the railways. Simon Creasey reportsSafeway might be lagging behind its rivals in some areas but when it comes to its logistics and more specifically...
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Safeway pulls its deep cuts
TNS data suggests Safeway has dramatically reduced the number of deep cut promotions since January 2003 in a bid to make sales more profitable.The data, based on a weighted average of the prices paid for all products in 233 categories...
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Small store MP lobby
An all-party parliamentary Small Shops Group has been formed to press home the concerns of the sector to MPs.Current issues include the impact of a Safeway takeover, the level of retail crime and violence and the mounting burden of red...
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The Grocer Cup goes to Sir Ken
Readers of this magazine have voted Sir Ken Morrison as the grocery industry’s most admired business leader.Sir Ken, who runs Morrisons, picked up The Grocer Cup for Outstanding Business Achievement at the IGD Food Industry Awards in...
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Sir Ken silent as shadow of no Morrisons bid falls
Top retailers have this week raised the spectre of the Safeway doomsday scenario becoming a reality – with Morrisons deciding to walk away from a deal and no other bidders coming into play.Speaking at the IGD annual convention, John von...
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BeingKen Morrison
Siân Harrington tries to get inside the head of the man who is Morrisons as he approaches the critical stage of his Safeway bid“Win, lose or draw in the Safeway saga, we have a strong company well equipped to continue to prosper in...
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JS buoyed by cheap drinks
Sainsbury leaps two places to the top of the chart this week and is particularly strong on price promotions in the alcoholic drinks section with a wide range of wines and spirits on offer.Tesco, Morrisons and Asda all slip down the chart...
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Morrisons: NI stores bullish
Northern Ireland’s independent retailers are confident they can withstand competition from Morrisons if it buys Safeway.Safeway has 12 superstores in the province. The Competition Commission says they represent 24% of the stores larger than...