Morrisons news and analysis – Page 69
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Analysis & Features
The sun and Sir Ken both shine on Morrisons at AGM
The sun and Sir Ken were both shining on Messrs Higginson and Potts at Morrisons HQ today at the supermarket’s AGM.
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News
City snapshop: Morrisons survives FTSE 100 chop
Morrisons has avoided an embarrassing ejection from the FTSE 100 after two days of strong share price rises was enough to keep it in the prestigious…
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Comment & Opinion
Morrisons enjoys a moment in the sun
They say one swallow does not a summer make. Apparently it was Aristotle who said it (thanks Wikipedia), but the point remains the same
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Analysis & Features
Morrisons: Signs of recovery or “dead cat” bounce?
At some point Wall Street traders coined a term for a plummeting stock that experiences a temporary recovery – the “dead cat bounce”.
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News
Morrisons registers first sales growth since Christmas 2013
Morrisons was the only one of the big four retailers to see an increase in sales for the 12 weeks to 24 May 2015, according to the latest…
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News
Morrisons gets Irish cocktail RTDs
Paint The Town Red – which was founded in 2013 by former Tesco Ireland BWS buyer Andrew Tidey and his brother Alistair – is launching two 4.5% abv RTDs into Morrisons
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News
Morrisons snaps up former Waitrose meat buyer
Tom Richardson will step into the newly created category director role in the summer, taking on responsibility for sourcing and new product development
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News
Morrisons cuts campylobacter levels after switching supply
Morrisons say efforts have focused on improving current practices rather than bringing in new technological interventions such as steam treatment
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News
Morrisons is most 'at-risk' from discounters, study claims
A report by the Local Data Company found that nearly half (49%) of Morrisons’ stores were situated in town’s with an above average number of discounters
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News
Morrisons share shorting points to City jitters over recovery
Figures from financial information specialist Markit show the proportion of Morrisons stock out on loan reached 13.7% on 29 April, up from 12.4% at the beginning of the month
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News
Media bites 8 May: Morrisons, SABMiller, Ocado
The new chief executive of Wm Morrison has pledged to listen to the supermarket chain’s customers and staff
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News
Morrisons results show Q1 decline
Other headlines include a 50,000 sq ft reduction of selling space
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News
City Snapshot: Morrisons sales fall 2.9% in first quarter
Morrisons like-for-like sales fall of 2.9% beat expectations of a 3-3.5% drop, but its shares have opened down. Also Reckitt Benkiser prepares for AGM, the market reacts to Sainsbury’s full-year results and all the rest of the news from the City.
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News
Morrisons brings back staffed express checkouts
Morrisons said it was responding to customer feedback and cited figures from Kantar Worldpanel which gauge the average basket size in the UK at 11 items costing £15
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News
Morrisons to change staff bonuses based on customer service
The retailer announced this week it had relaunched its staff bonus scheme with the aim of rewarding colleagues for better customer service
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News
Morrisons to cut 720 head office jobs as it boosts shop floor numbers
Morrisons is to cut 720 head office jobs while ramping up the number of shop floor staff as it looks to drive sales through its core supermarket estate…
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News
Another Morrisons senior director departs as Casper Meijer moves out
The retailer said Dutchman Meijer had decided not to commit to living a fuller part of his life in Britain, as his family remain living in the Netherlands
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News
David Potts cleans up Morrisons' act (and stores)
New CEO David Potts has overseen a major spring clean of the store estate as he looks to drive sales
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News
Morrisons axes head office staff but adds more in stores
They welcomed the arrival of reinforcements in the form of more part-time staff.
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Comment & Opinion
Potts rings the changes in Morrisons turnaround
Today was the most dramatic day so far in the Morrisons revolution