All Morrisons articles – Page 7
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News
Deliveroo opens first bricks-and-mortar grocery store
Deliveroo has opened its first physical grocery store in London, working in partnership with supermarket giant Morrisons.
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Morrisons faces down £100m borrowing costs hit
Supermarket giant Morrisons is facing a £100m bulge in its borrowing costs as market volatility takes further toll on the debt-laden business.
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Morrisons’ Trevor Strain in frame for top M&S role
Morrisons’ departing chief operating officer Trevor Strain is a leading contender to take on an executive role at Marks & Spencer, Retail Week has learned.
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Morrisons profits plummet as ‘unprecedented’ inflation hits food manufacturing
Morrisons profits more than halved as the grocer bemoaned “unprecedented inflationary pressures” on its vertically-integrated food manufacturing.
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Morrisons chief operating officer Trevor Strain steps down
Morrisons chief operating officer Trevor Strain has today informed the grocer’s board that he wishes to leave the business.
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Analysis
Aldi boss Hurley on cost of living, Christmas and its ‘unbreakable contract’ with customers
Having just dethroned Morrisons as the fourth-largest grocer in the UK, Aldi is gunning for further growth despite a slump in profits. The discounter’s boss Giles Hurley discusses the key issues facing the business – and how it is planning to take further share in a fiercely competitive market.
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Morrisons launches media business to capture brands’ advertising revenues
Morrisons has become the latest retailer to launch an advertising media business connecting brands to consumers.
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Analysis
Big four no more: What next for UK grocery as Aldi overtakes Morrisons?
After years of incremental growth, Aldi has finally overtaken Morrisons in UK grocery market share and ended decades of the ‘big four’. What does this seismic moment mean for grocery in the long term?
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News
Aldi leapfrogs Morrisons for first time as big four supermarket era ends
The era of the traditional big four supermarkets has come to an end with Aldi overtaking Morrisons in terms of grocery market share for the first time.
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Morrisons eyes ‘swift conclusion’ to McColl’s acquisition following CMA investigation
Morrisons has welcomed the Competition and Markets Authority (CMA) finding that only a small number of local areas could face competition concerns from its acquisition of former convenience store chain McColl’s.
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Food price inflation hits record levels as shoppers trade down to own brand
Food prices have hit a new record high, forcing shoppers to turn to own-label products in a bid to save cash.
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News
Morrisons expands international wholesale reach with British Corner Shop tie-up
Grocery giant Morrisons has expanded its global wholesale reach after agreeing a partnership with international grocer British Corner Shop
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Supermarket sales grow for first time in over a year as food prices soar
Grocery sales have increased for the first time in more than a year – but experts have warned that “near record-breaking” food inflation will shift shopper behaviour in the coming months.
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Tesco, Aldi and Morrisons team up for town-wide digital recycling trial
Tesco, Aldi and Morrisons are among the retailers taking part in a recycling trial in Welshpool, Powys, which is believed to be the largest trial of a digital deposit return scheme to date.
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Morrisons faces CMA probe into McColl’s rescue bid
The UK’s competition watchdog has launched an investigation into the takeover bid for convenience specialist McColl’s by supermarket giant Morrisons.
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JD Sports appoints Andrew Higginson as new chair
Fashion giant JD Sports has announced the appointment of former Morrisons non-executive Andrew Higginson as the new chair of the group.
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News
Morrisons blames ‘very challenging’ trading environment for sales drop
Supermarket giant Morrisons has blamed surging inflation and subdued customer sentiment for a drop in second-quarter sales.
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News
Grocery inflation hits 13-year high costing customers an extra £380 a year
Grocery inflation has hit a 13-year high in the month of June, with food bills on course to increase by an average of £380 a year for customers.
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Morrisons owners mulls £600m warehouse sale
The private equity owners of Morrisons are considering a sale of its food production arm as costs across the grocer bite.
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Morrisons increases basic pay for all UK staff to £10.20 an hour
Morrisons has increased its base pay rates for frontline staff to £10.20 an hour across the whole UK, making it the highest-paying supermarket in the country.