Morrisons news and analysis – Page 122
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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...
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Few tears will be shed over Safeway
Safeway shoppers couldn’t care less about the loss of the supermarket chain, according to an online survey carried out exclusively for The Grocer by market researcher HI Europe.With just over a fortnight to go before the Safeway/Morrisons...
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Morrisons digs for Scottish gold
Morrisons could be poised to dominate its first Scottish market by combining the opening of its first store north of the border with the acquisition of Safeway.CACI’s analysis reveals that Morrisons’ Kilmarnock store will give the...
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Carlos says Sir Ken will succeed
Outgoing Safeway boss Carlos Criado-Perez gave a warm endorsement to Morrisons’ prospects of successfully integrating his company after the takeover. Speaking after shareholders overwhelmingly backed the deal, Safeway’s chief executive Carlos...
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Morrisons gets green light to move on Safeway
Shareholders at Morrisons and Safeway have voted overwhelmingly in favour of the Bradford-based chain’s £3bn takeover of Safeway to become the UK’s fourth largest grocer.Executive chairman of Morrisons, Sir Kenneth Morrison, said: “This...
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Six of the best household goods buyers
>>nominated this month: Tesco, somerfield, Morrisons, ASDA, sainsbury, makroMike ArnottSenior buying manager, household, tescoArnott joined Tesco in 1995 to work in product marketing for two years. He then moved into...
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Morrisons opens in Scotland
Morrisons has opened its first store in Scotland.The 85,000sq ft store in West Langland Street, Kilmarnock will be followed by a second store at Falkirk FC’s Brockville stadium in June and two further sites in Dundee and Hamilton, subject to...
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Safeway toiletries go cruelty-free
Safeway said that its entire range of own label toiletries have been officially approved as ‘not tested on animals’.Under the cruelty-free scheme, the Humane Cosmetics Standard – run by the British Union for the Abolition of Vivisection –...
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Chip and PIN roll-out
Chip and PIN-enabled credit and debit cards have been issued to eight million people and are being accepted by 100,000 businesses, according to figures from the UK Chip and PIN Programme.However, Safeway is the only multiple to have...
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Safeway bosses’ exit raises alarm
The City has raised concern over Morrisons’ ability to integrate the Safeway business after it announced that Safeway’s operations director Lawrence Christensen and marketing and trading director Jack Sinclair would not join the new board once the...
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Dolmio pouch sauce in recall
Masterfoods has recalled a batch of its Dolmio Express Creamy Carbonara Pasta Sauce as the product has been under-processed.Some 2000 of the single serve portions in 150g pouches are affected and have been on sale at Safeway and...
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Morrisons hits the gas
Morrisons was putting together a ‘scheme of arrangement’ sanctioned by the courts to fast-track its bid for Safeway as The Grocer went to press.The deal, likely to be outlined in Morrisons’ Christmas trading statement, would enable Safeway...
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Review of the year
Sir Ken Morrison passed the post with his £3bn bid for Safeway. Asda leapfrogged Sainsbury to No 2 spot.Anger turned to active protest as symbol groups united over paypoint margins. Tobacco ads were banned. The food...
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Morrisons to divest 140 smaller Safeway stores
Morrisons is set to bring in £250m by selling 140 of Safeway’s smaller convenience stores after acquiring the supermarket group last week.Weekend press reports suggest that the Big Food Group, Somerfield and German discounters Netto and Aldi...
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They’d like a word...
Morrisons is finally tightening its grip on Safeway. Now it will move fast to get things running its way. What can suppliers expect? Elaine Watson reportsWith almost a year now elapsed since Morrisons stunned the trade with a bid for...
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The world has changed
Even if one puts Morrisons’ swoop on Safeway to one side, the year was marked by constant upheaval with both retail and supply sides remaining hellbent on consolidation. As Asda’s star rose, Sainsbury struggled to leave behind poor relation...