All David Potts articles – Page 6
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Comment & OpinionSupermarket price hikes could well be the next blow to Brits’ pockets
Just as the hike in National Insurance is confirmed, wallets are set to take yet another hammering – this time at the checkout.
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NewsMorrisons warns of ‘industry-wide retail price inflation’ later this year
The pandemic, rising commodity costs, freight inflation and the shortage of HGV drivers across the UK were all putting pressure on prices, it said
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NewsCity snapshot: Sales and profits slide at Morrisons as it warns of rising costs
Morrisons saw like for like sales fall 3.7% in the second quarter against “tough” year on year comparatives, while first half pre-tax profits fell by more than a third due to Covid costs and business rates.
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Analysis & FeaturesEx-Tesco CEO Terry Leahy outlines CD&R’s case for buying £7bn Morrisons
‘We want to build on the traditional strengths of Morrisons with innovation, capital and new technologies,’ vows Leahy
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Comment & OpinionAsda search for new CEO reminiscent of Tottenham Hotspur’s protracted recruitment of new manager
The Issa brothers are struggling to find a successor to Roger Burnley, who stepped down earlier this month
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NewsMedia Bites 21 July: Morrisons, Fever-Tree, Grocery market share
US private equity firm Clayton Dubilier & Rice is working on another bid for Morrisons in a sign that the battle to buy the supermarket chain is far from over
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NewsMedia Bites 12 July: Morrisons, Philip Morris, Ocado
Morrisons has written to farmers to calm fears that a planned takeover could undermine its agreements with suppliers
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NewsMedia Bites 6 July: Morrisons, Sainsbury’s, Retail Footfall
The UK’s largest asset manager has warned that private equity firms must not be allowed to acquire Wm Morrison for the ‘wrong reasons’
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Analysis & FeaturesWhat does £5.5bn takeover tussle mean for Morrisons?
Clayton Dubilier & Rice has form in UK retail. Is its bid likely to succeed, and what would the implications be for Morrisons and the sector?
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Comment & OpinionMorrisons takeover: where’s the succession plan?
The potential retirement of David Potts and Andy Higginson puts a huge weight on heir apparent Trevor Strain in a takeover scenario
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NewsMorrisons shares balloon more than 30% after it rejects £5.5bn offer
US private equity giant CD&R, which counts former Tesco boss Terry Leahy as an operating partner, now has 28 days under City takeover rules to table a new offer or walk away
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Comment & OpinionWar on plastic needs a concerted effort, not gimmicks
Until plastic-saving initiatives are available to all without price hikes, they risk remaining sideshows
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NewsMorrisons shareholders vote against payout for David Potts
The vote came after a rebellion by investor advisory groups, who recommended shareholders vote against the report, including a whopping £1.7m bonus for the CEO
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NewsMorrisons shoppers donate £500,000 to food banks through Trussell Trust
Morrisons added pre-set donation options to orders during the pandemic
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NewsSupermarkets in talks over dropping social distancing measures
The Grocer has learnt retail operations executives will meet with government officials in the coming days in an effort to set a timeframe for many of the measures to disappear
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NewsMorrisons launches scheme to fast track ‘game-changing’ British suppliers on to shelves
The Growing British Brands programme comes after Morrisons CEO David Potts launched a “call to arms” in January for British food entrepreneurs
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NewsSainsbury’s to relaunch meal deals to ‘compete with high street coffee chains’
The shake-up will see a mass of new products included in the offer, including bakery items, hot drinks and hot food
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Comment & OpinionFood to go’s ‘strong rebound’ is set to begin driving innovation again
Morrisons says meal deal sales have surged to above pre-pandemic levels
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NewsCovid screens to stay in Morrisons despite pandemic retreat, says Potts
More than 400 Morrisons cafés that will open on Monday fitted with new screens for the long term
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NewsCity Snapshot: “Encouraging” start for Morrisons but sales growth slows in Q1
Growth has slowed at Morrisons in its first quarter as society began to reopen and the supermarket started to lap its own figures from last year when panic-buying was in full force during the first national lockdown. Plus, Q1 figures from Coca-Cola Europacific Partners, THG acquire US beauty product manufacturer, the latest retail sales data from BRC-KPMG and the latest spending report from Barclaycard.