Morrisons news and analysis – Page 79
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NewsMorrisons unveils first Potts price cuts
Morrisons said today that it has now made 1,665 cuts of an average of 16% since the beginning of last year
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NewsSir Ken urges patience with new Morrisons bosses
Morrison, who launched a tirade against former CEO Dalton Philips at last year’s meeting, said he was assured by the stated aim of chairman Andrew Higginson
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NewsMorrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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Analysis & FeaturesThe 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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NewsCity 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 & OpinionMorrisons 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 & FeaturesMorrisons: 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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NewsMorrisons 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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NewsMorrisons 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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NewsMorrisons 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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NewsMorrisons 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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NewsMorrisons 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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NewsMorrisons 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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NewsMedia 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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NewsMorrisons results show Q1 decline
Other headlines include a 50,000 sq ft reduction of selling space
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NewsCity 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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NewsMorrisons 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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NewsMorrisons 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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NewsMorrisons 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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NewsAnother 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