Morrisons news and analysis – Page 131
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Press round-up ... Safeway
Retailers and consumer pressure groups all submitted formal submissions to the Office of Fair Trading on Friday, reported The Business. The Consumers’ Association threw its support behind Morrisons, arguing that a “fourth aggressive player in...
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Press round-up ... Safeway
A letter to The Grocer which accuses Safeway of threatening to axe its suppliers unless they make upfront payments to the retailer has been flagged up by The Daily Telegraph.The comments emerged as the Office of Fair Trading is considering bids...
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Press round-up ... Safeway
Philip Green's planned £3bn offer for Safeway is understood to face referral to the Competition Commission, according to the Observer. Lawyers at top City law firms told the paper that five out of the six bidders would probably be referred after a...
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Safeway pledge to own label expansion
Simon Mowbray Development of Safeway's own label offering will continue despite the supermarket chain's uncertain future. The company said its insistence that it was "business as usual" applied to all areas of its operations and "most...
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The essential Safeway event
Keeping on top of the latest developments in the Safeway auction frenzy is not easy neither is getting a handle on the possible implications for the grocery market. But help is at hand. The Grocer has teamed up with industry experts to run a...
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Cashing in on delivery
As independentschange, what fate awaits cash and carries? By Elaine Watson Warnings of doom for the independent retailer have been coming in almost as fast as bids for Safeway since Tesco announced plans to get into neighbourhood retailing....
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Brands are on the move
The retailer chart remains relatively stable in terms of positioning this week with only Sainsbury and Safeway on the move. Sainsbury shifts up one place to number four, pushing Safeway down to number five. Morrisons remains in the number one...
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When Safeway boss Carlos Criado-Perez unveiled his Gonzalez
New research from market research group Taylor Nelson Sofres Superpanel, revealed here for the first time, shows just how big a role these Temporary Price Reductions (as TNS dubs them) now play in Safeway's sales profile. The data relates to total...
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The Safeway takeover is already a spectator sport, a classic
This is real politics, with MPs stirring. After decades of backing the Conservatives, boards must be happy that they became born-again New Labour just in time. This is not about favours being called in, but contacts and PR. There are four key...
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Confused? Don't be ...
Keeping on top of the latest developments in the Safeway auction frenzy is not easy – neither is getting a handle on the possible implications for the grocery market.But help is at hand. The Grocer has teamed up with a host of industry...
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Press round-up ... Safeway auction
Morrisons' £2.4bn bid for Safeway received a boost yesterday when the company issued a bullish trading statement ahead of its offer document posted today.In the four weeks to 26 January like-for-like sales were up 5.2% on last year compared with...
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Safeway’s commercial boss departs for M&S
Safeway’s commercial director Ian Mumby has left to become head of IT and supply chain for Marks and Spencer’s food division. Mumby has worked for Safeway for six years. His other positions included director of supply strategy and director...
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Game of consequences
Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can’t afford to let either of them get their hands on it. Sir Ken Morrison, meanwhile, looks set to laugh all the way to the...
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Game of consequences
How will the smaller players be hit by the fallout from the battle for Safeway asks Elaine Watson Sainsbury knows this is the last chance saloon. Asda is desperate not to let Safeway slip through its fingers, while Tesco can't afford to let...
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Leahy: bid not a spoiling tactic
Siân Harrington Tesco boss Sir Terry Leahy was this week adamant his prospective bid for Safeway was a serious offer and not a spoiling tactic. Leahy told The Grocer he understood the market's incredulity at the news Tesco had filed a...
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If you don't like it, you'd better shout
We have said all along that the country's biggest retailer would not stand idly by while its two main rivals fought for Safeway in what is now recognised as being the last big deal in British grocery. Like every commentator, we assumed Tesco would...
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First it was Morrisons, then Sainsbury's and now we have Asd
For many commentators, this move was an inevitable extension of a well-documented trend. Consolidation, improvements in supply chain efficiencies and impressive advances in retailing have given rise to power shifting down the food chain. We now...
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Confused? Don’t be...
The Grocer is organising a seminar to help everybody in the trade get to grips with the wider implications of the increasingly complex Safeway auction process. Speakers confirmed so far include former Somerfield boss and Littlewoods chairman...
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Safeway tells shareholders to hang on
Safeway has withdrawn its recommendation of Morrisons all-share offer for its supermarkets and advised shareholders “to await developments”.Morrisons agreed to buy Safeway on January 9 which valued its rival at £2.9bn. Morrisons stocks have...
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Tesco to tussle for Safeway
Tesco has entered the battle for control of supermarket chain Safeway and said it is making a submission to the Office of Fair Trading in relation to a possible bid.Tesco boss Sir Terry Leahy said: “We have always understood that competition...