Morrisons news and analysis – Page 118
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Morrisons board shake-up
Sir Ken Morrison this week stressed he was not thinking of retiring as he announced a shake-up of the Morrisons board, including the much-predicted departure of finance director Martin Ackroyd.The retailer, which shocked the City with a profits...
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Morrison’s Ackroyd quits from finance post
Morrisons supermarkets has said its finance director Martin Ackroyd, has quit, following its announcement of a profits warning last Thursday.Morrisons today reported its like-for-like sales for the year ended January 30 were up by 7.1%...
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Tesco’s control complete
Tesco has decimated the competition over the last 12 months, stealing £1bn of business from rivals and picking up the lion’s share of lost trade from Sainsbury, Marks and Spencer and Morrisons/Safeway, according to new switching data from...
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Call for price rise across dairy
Sainsbury and Morrisons this week increased the retail price of their milk by 2p a pint to 32p, following a similar move by Tesco and Asda last week.The upward shift has delighted farmers, who will now try to secure increases across the cheese...
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Morrisons lifts Waitrose sales
Waitrose appears to be reaping the rewards of its acquisition of 19 stores from Morrisons.The supermarket, which reports its figures in full next month, said sales in the 12 months to January 29 were up by 12% on the same period last...
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A double whammy for Safeway’s Turner
Joe Turner, manager of the Safeway store in Baillieston, Glasgow has completed a unique double. Turner has become the first store manager to pick up The Grocer 33’s Top Store title with two different stores.He has added this week’s prize...
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Cheers! The party’s over
Tough trading at Christmas has failed to dim hopes for the coming year. John Wood reportsCompetition between the major supermarkets was especially intense this Christmas with even giants such as Sainsbury and Morrisons reporting...
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Review of 2004
January Big Food Group meets Londis’s advisors, KPMG, to discuss a bid. BFG announces departure of Iceland MD Mike Coupe. Tesco stuns convenience world by buying Adminstore. The City raises concerns about Morrisons’ ability to integrate...
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morrisons on rail
Morrisons is looking at using the railway network to transport goods after assessing Safeway’s use of the channel to move goods from Daventry to Scotland and from central Scotland to the Highlands. A spokesman said: “We do intend to use the rail...
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Movers of the year
There’s been turmoil in the jobs market this year as some big names have left the grocery world. Other executives have found new roles in the sector. Safeway’s big guns – chief executive Carlos Criado-Perez, director of...
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Keen eye on promotions
Spar retailer and wholesaler for Scotland, CJ Lang, has made Safeway business development manager Sean Scrimger its promotions manager. Spar Scotland said the creation of this new role was to reflect the growing importance of promotional...
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Retailers yet to back OTM beef
The big retailers are refusing to commit to stocking over 30-month beef when the OTM rule is abolished, probably some time next year.Tesco, Asda, Sainsbury, Morrisons and Somerfield all stopped short of pledging to sell products made from the...
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Safeway’s NPD director takes on Sainsbury Brand
Safeway new product development director, Judith Batchelar, will join Sainsbury as director of Sainsbury Brand early in the new year. Batchelar joined Safeway in 2001 and was responsible for growing the Safeway brand. In 2002 she headed its...
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The people behind Caravan
>>The first of three features on the trade’s welfare charityTwo years ago Gillian Barker was a high flier at Safeway but she made the decision to get out and do some good for the retail industry she has worked in all her...
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Bacon and excellence
Bacon suppliers were asked to nominate their favourite buyers, based on accessibility, communication and negotiation skills, and promises delivered. Ian Lovell, Morrisons’ senior buyer, received several nominations from suppliers who said he treated...
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Look back with pride
As he gears up for a new challenge in Spain, Carlos Criado-Perez tells Julian Hunt what his fondest and proudest memories will be of his time at SafewayFormer Safeway chief executive Carlos Criado-Perez has been a busy man since he...
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Carlos: ‘UK will beckon again’
Former Safeway boss Carlos Criado-Perez is interested in making a return to the UK retail scene – but not until he has helped to turn around a 600-store food chain in Spain.In an exclusive interview with The Grocer this week, Criado-Perez...
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Wines post-merger are ‘leaner, fitter’
Claire Hu Morrisons claims the merging of its wine aisles with Safeway’s has been a hit with customers – despite culling more than a third of the range.Beers, Wines and Spirits director John Spurs told The Grocer that he found the Safeway...
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Morrisons catches a cold
Retailers demonstrate different strategies on promotions as they gear up to meet the autumn and winter demand for cold and flu relief products. A typical multiple retailer will stock 43 different lines, with some 7% of them on promotion....