All Morrisons articles – Page 102
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NewsAsda lines up backing for bid for Iceland stores
Asda is understood to have lined up backing from Barclays Capital to beef up its finances to bid for Iceland stores.
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NewsMorrisons strengthens marketing team
Morrisons has made two appointments in its marketing division to help it with initiatives such as the roll out of its convenience stores and its ‘store of the future’ formats.
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NewsTesco speculation prompts price war fears
Speculation is mounting that grocery and general merchandise giant Tesco is preparing to launch a price offensive next week, sparking concern of a new price war.
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NewsProfit growth for Morrisons despite savvy shopper effect
Morrisons has observed the rise of the “professional” shopper in the face of the biggest hit to consumer spending power in a generation.
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AnalysisSimon Thompson
Morrisons has secured a coup in recruiting a former senior figure at Apple to spearhead its online food plans. Jennifer Creevy reports
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NewsHigh level of promotions pushes down grocery spend
A high level of promotions has resulted in a lower average spend per visit at the big grocers, despite inflation.
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NewsMorrisons and Sainsbury's winners in latest Kantar data
Morrisons and Sainsbury’s emerged as the market share winners among the big four grocers according to latest industry data, which also showed consumers buying fewer items and making more shopping trips.
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NewsMorrisons hires head for its new asset management team
Morrisons has hired former LaSalle Investment Management fund manager Charles McKendrick to head up its newly created asset management team.
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NewsMorrisons to combine store trials in two test shops
Morrisons is to combine the trials it is running on fresh food and space allocation at stores in St Albans and Wrexham.
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NewsMorrisons profits up 8%
Morrisons has reported an 8% rise in underlying profit in its interim results to £442m but warned the trading environment would continue to be challenging.
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NewsMorrisons hires Apple director to lead online food launch
Morrisons has hired a digital heavy-hitter from Apple to lead its online food launch as it takes its next steps into etailing.
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NewsMorrisons to post profits rise
Morrisons is expected to report interim underlying pre-tax profits up to about £437m on Thursday, an increase from £410m last year.
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NewsMorrisons downgraded despite outperforming
Broker Oriel has downgraded Morrisons ahead of the grocer’s interims next Thursday.
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OpinionPreparing for the golden quarter
After the dog days of August, the sector springs into action again in early September.
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NewsMorrisons’ sales outpace rivals
Morrisons’ strong promotional stance has enabled it to increase sales faster than its rivals, according to Nomura analyst Nick Coulter.
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NewsRetail bearing up but grocery volumes weak
Although retailers bore the brunt of last week’s riots, the sector kept its head above water despite lagging the All-share index.
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NewsMorrisons leads big four, while Aldi reports all-time record share
Morrisons was the only one of the big four to grow market share in the latest Kantar figures, while Aldi was the winner overall with growth of nearly 25%.
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NewsMorrisons founder to pay £210,000 fine over share sales
Supermarket veteran Sir Ken Morrison is close to reaching a settlement with the FSA over non-disclosure of share sales.
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NewsMorrisons appoints Credit Suisse as it mulls Iceland bid
Morrisons has appointed Credit Suisse as its investment banking advisor as the retailer mulls bidding for Iceland.
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NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.