Morrisons Reports £1.5bn Loss After CD&R Acquisition and Job Cuts
Morrisons, acquired by US private equity firm Clayton, Dubilier and Rice last year, has reported losses of £1.5bn, partly...
Morrisons
Poundland Takes on Supermarkets with Price Comparison Campaign
Poundland is set to launch a new price comparison campaign, competing with larger supermarkets like Asda and Morrisons, according...
Morrisons’ Single Maintenance Supplier Shift Threatens 1,000 Jobs
Morrisons plans to cut costs by switching to a single maintenance supplier, potentially endangering around 1,000 jobs. The move...
UK Government Summons Supermarket Bosses Amid Food Shortages and Rationing
UK's Food Minister Mark Spencer summons supermarket bosses to address food shortages and rationing of certain fruits and vegetables....
Supermarkets Ration Fruit & Veg Amid Supply Shortages and High Energy Costs
Asda and Morrisons have introduced limits on the purchase of certain fruits and vegetables due to ongoing supply shortages....
Morrisons Seeks New CEO: Barnes and Tarry in the Running
Former Aldi CEO Matthew Barnes and Tesco executive Jason Tarry are reportedly in the running to replace David Potts...
Record Grocery Price Inflation Reaches 16.7% Amidst Competition Among Retailers
Record grocery price inflation hits 16.7% in January, according to Kantar data, with Aldi and Lidl leading growth among...
Supermarkets See Record Spending in December Amid Food Inflation and Festive Promotions
Supermarkets saw a significant increase in total till value growth of 10.9% in December due to food inflation and...
Morrisons Closes 132 Loss-making McColl’s Stores, Converts Remaining to Morrisons Dailys
Morrisons plans to close 132 McColl's stores due to their lack of profitability, potentially affecting 1,300 employees. Affected staff...
Morrisons Expands Partnership with InPost to Increase Parcel Lockers in Stores
Morrisons is expanding its partnership with InPost, increasing the number of parcel lockers in stores from 290 to 390...