Morrisons news and analysis – Page 123
-
News
New year brings new battles
Most food retailers have taken the windfall sales opportunities that Christmas offers. As ACNielsen has indicated since summer, there has been a momentum building within Tesco, Asda and latterly Morrisons that takes these retailers into 2004 with a...
-
News
Asda sprouts campaign
Asda has named Longwell Green in Bristol Britain’s sprout-eating capital, whose residents on average eat 85 sprouts per week. The chain’s store in Longwell Green sells 621,675 sprouts each week. Last week, Safeway claimed...
-
News
Brands stay on the move
Sainsbury climbs to the top of the chart this week with a strong alcoholic drinks section focusing upon price promotions. Safeway moves up two places to number two, standing just one percentage point behind the leader with a good household presence...
-
News
Asda lever ‘won’t hit’ Morrisons
A proposal by Asda to buy 70 Safeway stores will not deter Morrisons from making a bid for the beleaguered supermarket group within days, according to industry sources.Asda refused to confirm or deny the latest development, but sources close to...
-
News
OFT reduces Safeway divestments
Morrisons will only have to sell 52 stores if it buys Safeway – as opposed to the agreed 53 – the Office of Fair Trading has ruled. The OFT has decided that Morrisons would not have to divest a store in Towcester. Earlier this week,...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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....
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...
-
News
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...