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.... In the UK, Tesco was down 5% and Sainsbury’s 4%. Morrisons rose 1%, presumably because it already has a supply agreement with Amazon in the UK and thus could become a takeover target if the US giant also wants to buy a UK chain. ... [Read full article on Guardian ]
Sunday 18th of June 2017 06:00:04 AM
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....Tesco is not alone. Sainsbury’s, Morrisons and Waitrose have also closed stores while Asda has cut jobs as all the big grocers try to keep costs down. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 02:05:28 PM
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Latest Finance News related to Morrisons

Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets image
.... In the UK, Tesco was down 5% and Sainsbury’s 4%. Morrisons rose 1%, presumably because it already has a supply agreement with Amazon in the UK and thus could become a takeover target if the US giant also wants to buy a UK chain. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
....The board of Nisa, which is owned by its shopkeeper members, recently hired bankers to advise on its strategic options in light of the proposed Tesco-Booker alliance, which some regard as a tectonic shift in UK convenience retailing. It is understood that following talks with potential suitors, which included the Co-op and Morrisons, Nisa is poised to recommend Sainsbury’s to its members as its preferred bidder. ...
Amazon to buy Whole Foods Market in $13.7bn deal image
Source : Guardian [Read Article] Friday 16th of June 2017 01:26:19 PM
.... Amazon has long had ambitions to move into the grocery business and launched its food delivery service, Fresh, in the US 10 years ago. It introduced the service in the UK last year after signing a wholesale deal with British supermarket Morrisons. ...
More than half of Morrisons investors rebel over executive pay image
Source : Guardian [Read Article] Thursday 15th of June 2017 06:21:25 PM
. More than half of Morrisons shareholders have failed to back the supermarket’s bosses’ pay package in a massive protest vote. ...
Morrisons' indignation over shareholder rebellion is misplaced | Nils Pratley image
....When 48% of shareholders rebel against a company’s remuneration report, most chairmen scuttle into the shadows muttering empty words about seeking further engagement with investors. So Andy Higginson, chairman of Morrisons, deserves some credit for coming out fighting after more than half of investors either voted against the proposal or withheld their vote. ...
General Election result is make or break for investors image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 12:01:00 AM
....Adrian Lowcock, investment director at wealth managers Architas, claims shares in Royal Mail could be hammered as Labour has threatened it with renationalisation. “Retailers such as M&S, Next, Sainsbury’s and Morrisons could be hit, too, by Labour’s promised rise in the minimum wage to £10 an hour. ...
Aldi and Lidl sales soar as prices rise image
Source : BBC [Read Article] Wednesday 31st of May 2017 10:53:37 AM
....All 10 leading grocers also recorded growth, with average sales up 1. 6% across the big four supermarkets: Tesco, Sainsbury's, Asda and Morrisons. ...
Strong sales growth at Aldi and Lidl takes their market share to 12% image
Source : Guardian [Read Article] Wednesday 31st of May 2017 08:55:13 AM
....8% and at Lidl by 18. 3% in the 12 weeks to 21 May, while the UK’s big four supermarkets, Tesco, Sainsbury’s, Asda and Morrisons, collectively grew by just 1. ...
Asda suffers 11th quarter of falling sales image
Source : BBC [Read Article] Thursday 18th of May 2017 01:49:20 PM
....8%. Asda has suffered hardest of the Big Four UK supermarkets, which includes Tesco, Sainsbury's and Morrisons. ...
Supermarkets step up wonky fruit and veg push image
Source : BBC [Read Article] Monday 15th of May 2017 02:57:36 PM
....UK supermarkets are making more space for increasing amounts of less-than-perfect produce. Sainsbury has started a campaign to encourage use of blemished bananas, while Morrisons has a new "wonky" range that includes avocados for 39p. ...
Which? names Richer Sounds and Toolstation as UK's best-rated shops image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:01:40 AM
....”. The wooden spoon went to supermarket Morrisons, which finished last despite its improving financial performance under chief executive David Potts. ...
These are the UK markets I’d meddle in. What would yours be? image
Source : Guardian [Read Article] Saturday 13th of May 2017 06:00:39 AM
.... But if you’re on the M1 and pull into Newport Pagnell services, the granddaddy of Britain’s motorway service stations (it opened in 1959), you’ll be charged 138p – making it almost certainly the most expensive petrol in the country. That means you pay an extra £13 if you fill up there compared to a nearby Asda or Morrisons forecourt. ...
Holy guacamole! Avocado fans in UK face further price rises image
Source : Guardian [Read Article] Friday 12th of May 2017 03:45:26 PM
....25 a 11kg (25lb) box at the end of April. Morrisons supermarket has tried to tackle rising prices this week by offering a “wonky” version of the fruit, with an irregular shape or blemished skin, for 39p each. ...
Aldi plans to open up to eight stores in some UK towns image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:56:14 PM
....7bn. At the time Barnes said it would keep cutting prices to keep them below the likes of Asda, Sainsbury’s, Tesco and Morrisons, even “if losses are an inevitable consequence”. ...
Revealed: Britain's cheapest supermarket prices for your weekly shop image
Source : Daily Express [Read Article] Saturday 6th of May 2017 04:48:00 PM
. The German retailer was found to offer lower prices on 31 out of 33 items than the biggest four supermarkets Tesco, Sainsbury's, Asda and Morrisons, as  tracked  by The Grocer magazine. ...
Asda and Morrisons cut petrol prices as oil price plummets image
Source : Guardian [Read Article] Friday 5th of May 2017 11:00:27 AM
. Morrisons and Asda have cut the price of petrol for the second time in a week amid a supermarket price war prompted by sharp falls in the underlying price of crude. ...
Drone home: Amazon to triple R&D staff at Cambridge base image
Source : Guardian [Read Article] Thursday 4th of May 2017 04:06:16 PM
.... However, opening to the public has been delayed after some technical glitches. If the stores open in the UK, it would mark a major step up in Amazon’s efforts to take a share of the British grocery market since the launch of the Fresh delivery service last summer and its tie-up with the Bradford-based supermarket chain Morrisons. ...
FTSE 100 lifted by HSBC and Shell results image
Source : BBC [Read Article] Thursday 4th of May 2017 08:36:35 AM
....Shares in Shell were up nearly 3% after it reported a sharp rise in first-quarter profits, helped by higher oil prices. The UK's fourth-largest supermarket chain, Morrisons, reported another quarter of healthy sales growth, but after a bright start to trading the shares fell back and by midday they were down 0. ...
Morrisons sales jump as recovery continues image
Source : BBC [Read Article] Thursday 4th of May 2017 07:51:41 AM
. Morrisons, the UK's fourth-biggest supermarket chain, has reported better-than-expected sales for the past quarter, boosted by price cuts. ...
Sainsbury's weighs up franchise deals to boost Local network image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:08:00 PM
.... It once hoped to open about 100 a year. The move comes as Tesco attempts to take over cash ’n’ carry business Booker, which controls the Premier, Budgens and Londis franchise businesses, while Morrisons revives its Safeway brand to wholesale to independent convenience stores. ...
Petrol price CUT on the way? Strong pound and fall in costs means fuel price 'MUST drop' image
. Morrisons has today announced the cost of diesel will fall by 2p a litre and unleaded by 1p a litre. ...
Easter eggs help boost supermarket sales image
Source : BBC [Read Article] Wednesday 3rd of May 2017 01:23:30 PM
....UK shoppers 'biggest online spenders'. Out of the big four, Morrisons was the fastest growing supermarket, helped by its The Best line attracting more affluent shoppers. ...
Lidl on course to surpass Waitrose and enter UK supermarket top seven image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 08:24:46 AM
....”. Kantar said premium own-label products were popular among shoppers, for example “The Best” line at Morrisons, which has pulled in more affluent customers since its launch last year, helping the Bradford-based grocer become the fastest-growing supermarket among the big four – including Tesco, Sainsbury’s and Asda. ...
Sainsbury's warns of rising costs as profits fall 8.2% image
Source : BBC [Read Article] Wednesday 3rd of May 2017 06:27:59 AM
.... . "On one side, there are discounters like Aldi and Lidl crushing prices and stealing market share, while Tesco and Morrisons are both in the middle of strong turnaround programmes that are leaving Sainsbury's trailing. ...
Hummus 'crisis' sheds light on secret world of mass food production image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
.... The buildings belong to Bakkavor, the international food manufacturer behind the mass withdrawal of the product from British supermarket shelves after customers complained of a metallic taste. These units off the Hanger Lane gyratory system – among 30 facilities on 19 different UK sites – manufacture hummus and other dips on an industrial scale for supermarket giants including Tesco, Sainsbury’s, Marks & Spencer, Waitrose, the Co-op, Asda and Morrisons, who sell them under their own brands. ...
Airport duty-free prices not always cheapest, says Which? image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:00:29 AM
....Bargain airport prices for favourites such as gin and Toblerone are now likely to be cheaper at the supermarket, Which? has found. A 360g bar of Toblerone cost £4 at Bristol World Duty Free but £3 at Asda, while a 70cl bottle of Tanqueray gin cost £18 at Heathrow Terminal 2 and £15 at Morrisons, the consumer group found. ...
Why dental floss and kippers explain your rising post-Brexit shopping bill image
Source : Guardian [Read Article] Wednesday 12th of April 2017 04:37:34 PM
....co. uk compiled data from Asda, Tesco, Sainsbury’s, Waitrose, Ocado and Morrisons and found that, while milk stood still at £1 for four pints everywhere, the cost of an exotic fish supper has increased markedly since last October. ...
Supermarket woes dent FTSE 100 image
Source : BBC [Read Article] Wednesday 12th of April 2017 08:07:25 AM
....Rival Sainsbury's also came under strain, dropping 1. 32%, while Morrisons suffered as well, shedding 1. ...
Sharp rise in UK food prices inflates household shopping bill image
Source : Guardian [Read Article] Tuesday 4th of April 2017 09:17:14 AM
.... Bigger rivals Tesco, Sainsbury’s and Asda have seen sales and market share slip. Morrisons was the only one of the big four to achieve higher sales, of 0. ...
New £1 coin: Tesco to leave trolleys unlocked image
Source : BBC [Read Article] Friday 24th of March 2017 07:57:17 PM
....Fewer than 200 of Tesco's 3,500 UK stores have trolleys which need a coin or keyring token to use them. Asda, Morrisons and Sainsbury's have said their trolleys accept both the old coins and tokens and the new ones. ...
Cauliflower prices slashed as UK's warm weather leads to glut image
Source : Guardian [Read Article] Friday 24th of March 2017 05:05:46 PM
.... A new harvest of produce from Lincolnshire is about to come on the market, adding to stocks already coming from Cornwall, the Isle of Wight and Suffolk. Morrisons is to cut cauliflower prices to 75p early next week, after Tesco cut its prices from £1 to 79p this week. ...
Petrol and diesel prices cut amid pressure on retailers image
Source : BBC [Read Article] Friday 24th of March 2017 03:15:07 PM
....Wholesale prices have dropped and motoring organisations have suggested this merits reduced pump prices. Tesco and Morrisons are cutting prices by 2p a litre on Friday, and Asda and Sainsbury's said they would reduce prices by up to 2p a litre on Saturday. ...
New £1 coin: Tesco to unlock every trolley as it misses deadline image
Source : Guardian [Read Article] Friday 24th of March 2017 01:37:58 PM
....The unlocking of the Tesco fleet at 200 of its biggest stores across the UK could provoke a fresh surge of trolley abuse, with shoppers having no financial incentive to return them. Other supermarket groups including Sainsbury’s, Asda, Morrisons, Aldi and Lidl said their trolleys had been fully converted. ...
Bye round pound image
Source : BBC [Read Article] Wednesday 15th of March 2017 03:04:47 PM
....If you have a key ring the same size as a £1 coin that fits in to supermarket trolleys, you may still be able to use it after October. The bigger supermarkets, including Morrisons and Sainsbury's, say their trolleys will accept both the new and old £1 coin, as well as tokens used to resemble them. ...
Why are Britain’s new homes built so badly? image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:27 AM
....The developer admitted there were defects, but argued the cost of fixing them was £150,000. Morrisons solicitors, acting on behalf of the former directors of Indigo, which has gone into liquidation, stated in a letter to the Heatons: “The property did not need to be rebuilt due to defects caused by Indigo Development. ...
Morrisons leads FTSE 100 lower image
Source : BBC [Read Article] Thursday 9th of March 2017 09:21:19 AM
. The London stock market opened lower, with shares in supermarket Morrisons dropping more than 5% despite it reporting rising sales and profits. ...
Morrisons profit rises as recovery continues image
Source : BBC [Read Article] Thursday 9th of March 2017 07:36:42 AM
. Morrisons, the UK's fourth-biggest supermarket chain, has reported rising sales and profits as its turnaround strategy continues to bring results. ...
Food inflation doubles in a month as UK shoppers start to feel the pinch image
....The rise in food prices ends a run of falling costs that began in September 2014 as supermarket competition in the sector intensified and companies stepped up price wars. Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said that supermarkets including Tesco, Sainsbury’s, Asda and Morrisons – the so-called big four – were now benefiting from rising prices. ...
Sainsbury's to cut 400 jobs in shakeup of operations image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:56:36 PM
....”. Britain’s biggest four food retailers – Tesco, Sainsbury’s, Asda and Morrisons – are overhauling their business models in response to dramatic changes in how Britain buys its food. ...
Asda imposes harsher terms on suppliers after pound's Brexit slide image
Source : Guardian [Read Article] Thursday 2nd of March 2017 10:25:36 AM
....Asda has been under intense pressure to reverse its fortunes after food shoppers flocked to discounters Aldi and Lidl and customers looking for cheap clothes migrated to Primark. It is the weakest of the big four grocers and its sales have lagged behind Tesco, Sainsbury’s and Morrisons. ...
Sainsbury's named world's best sustainable seafood supermarket image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:01:42 AM
....This year Sainsbury’s reached not only the top spot in Britain but also the number one position worldwide with the most MSC-labelled products of any national supermarket – a total of 225 MSC-certified sustainable choices. In contrast, rivals Asda and Morrisons lurk at the bottom of the league with only a handful of products. ...
Supermarket sourcing image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:18:01 AM
....All of this begs the obvious question: shouldn't supermarkets simply rely more on British suppliers instead? . Supermarkets are coy on just how much they source from the UK, with Morrisons the only one of the "Big Four" to answer my email on this question. ...
Morrisons to 'hedge bets' and recruit more UK-based suppliers image
Source : Guardian [Read Article] Friday 17th of February 2017 07:01:03 AM
. Morrisons is aiming to recruit 200 more British suppliers after a report commissioned by the supermarket found that only just over half the food eaten in the UK comes from local sources. ...
Waitrose voted UK's best supermarket image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:01:26 AM
....”. Ocado, the internet-only grocery delivery company, took second spot ahead of other online competitors including Morrisons, Tesco, Asda, Sainsbury’s and Waitrose. ...
Wine lovers face triple whammy Brexit price rise, says UK trade body image
Source : Guardian [Read Article] Tuesday 14th of February 2017 07:01:36 AM
....In 2016 Brits bought more than 131m bottles of fizz from UK shops and supermarkets – up 13% on the previous year. Some of the country’s biggest supermarkets, including Sainsbury’s, Tesco, Waitrose and Morrisons, triggered a price war by applying deep discounts. ...
UK labour shortages reported as EU worker numbers fall image
Source : Guardian [Read Article] Monday 13th of February 2017 07:01:07 AM
....At the end of last year industry groups representing the major supermarkets and food manufacturers warned that EU workers provided “an essential reservoir of skilled, semi-skilled and unskilled labour” and without them food prices would rise. The open letter to the government was signed by 30 food and drink industry bodies, including the Food and Drink Federation, which represents major suppliers, including Marmite maker Unilever and Mr Kipling owner Premier Foods; the British Retail Consortium, which counts Tesco, Sainsbury’s, Asda and Morrisons among its members, and the National Farmers Union. ...
Five reasons why Waitrose is closing stores image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:57:04 PM
....3m in the six months to the end of July, even before a £25m write down of property assets where it no longer wants to build stores. Its “big four” supermarket rivals – Tesco, Sainsbury’s, Asda and Morrisons – have already pushed through restructuring plans in the face of an increasingly competitive landscape and the growth of online shopping. ...
Co-op CEO Richard Pennycook to step down image
Source : Guardian [Read Article] Tuesday 7th of February 2017 04:13:24 PM
.... Pennycook said his next career step would involve “going plural” – a phrase popularised by Leighton in the 2000s, which refers to building a career out of multiple directorships. Pennycook first signalled plans to build a portfolio career when he resigned from Morrisons in 2012. ...
Aldi becomes UK's fifth largest supermarket image
Source : Guardian [Read Article] Tuesday 7th of February 2017 09:18:50 AM
....Despite being overtaken by Aldi, Co-op sales rose by 2% – also well ahead of its bigger rivals, continuing a run of growth stretching back to July 2015, helping it maintain a 6% market share. Of the big four supermarkets, only Morrisons gained market share in the period, taking it to 10. ...
The business sense that made Morrisons | Letters image
Source : Guardian [Read Article] Sunday 5th of February 2017 06:01:32 PM
. I met Ken Morrison (Report, 2 February) when I was a Saturday worker at Morrisons while still at school in the early 1970s. ...
Tip of the iceberg: lettuce rationing broadens to broccoli and cabbage image
Source : Guardian [Read Article] Friday 3rd of February 2017 05:36:12 PM
....Asda said it was limiting bulk purchases to six items on iceberg lettuce and each of the other vegetables as an almost unprecedented cold and wet weather in southern Spain has hit supplies. Asda’s rationing comes after Tesco introduced a three-lettuce limit on icebergs, while rival Morrisons has imposed a two-lettuce limit and banned shoppers from buying more than three heads of broccoli. ...
Supermarkets ration lettuces after poor weather hits growers image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:59:03 PM
. Shoppers afflicted by the “courgette crisis” are facing further privation, as supermarket chains Morrisons and Tesco imposed restrictions on the number of lettuces that can be bought by each customer. ...
TalkTalk hoping for rapid results as Dunstone gets his hands dirty image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:29:32 PM
....In the 1980s and 1990s, the retail industry’s golden years, Sir Ken Morrison, who has died aged 85, was king. Morrisons was never the biggest supermarket chain in the land, but its chairman and driving force would have collected the “most admired” gong in most years. ...
Sir Ken Morrison obituary image
Source : Guardian [Read Article] Wednesday 1st of February 2017 04:45:07 PM
....He got away with flouting the City of London’s conventions by turning in increases in profits and dividends year in and year out. From the first supermarket opened in 1961 in a converted cinema in Bradford, Morrisons grew to a chain of more than 100 stores by the millennium. ...
Sir Ken Morrison's best quotes: 'You’ve got a lot more bullshit than me' image
Source : Guardian [Read Article] Wednesday 1st of February 2017 01:24:50 PM
.... I have something like 1,000 bullocks and, having listened to your presentation, Dalton*, you’ve got a lot more bullshit than me. *Dalton Philips, then chief executive of Morrisons. ...
Supermarket tycoon Sir Ken Morrison dies aged 85 image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:44:02 PM
....The business was seen as a reliable, if rather dull, regional player which grew almost entirely under its own steam until Morrison did the deal of his life and bought the rival Safeway chain in 2004. It took Morrisons into the south of England and made it the UK’s fourth largest grocer. ...
Hand delivered: will Ocado's robot soon be picking your shopping? image
Source : Guardian [Read Article] Tuesday 31st of January 2017 01:49:24 PM
.... The latest development will fuel fears about jobs being replaced by technology. Automated warehouses have been in use for decades and Ocado, which delivers groceries for Waitrose and Morrisons, already uses a variety of robots in its operations. ...
Wetherspoon ready for a comeback? image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:00:09 AM
....While the British drinker seems to be heroically buoying the pubs’ figures, their counterparts sashaying along our high streets have been performing a similar service for our shops. Marks & Spencer has reported its best Christmas in six years, Morrisons its best in seven and Majestic Wine its “biggest ever”, while even dreary old Debenhams did better than expected. ...
Five minute guide to the surge in the UK stock market image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
....The UK has enjoyed one positive surprise after another, with last week’s official figures showing manufacturing and industrial production growing strongly, while house prices remain buoyant, according to Halifax. Laith Khalaf, senior analyst at Hargreaves Lansdown, says UK stocks got a further lift after supermarket giants Tesco, Sainsbury’s and Morrisons delivered unexpectedly positive results for the key Christmas period. ...
Salmon retail prices set to leap owing to infestations of sea lice image
Source : Guardian [Read Article] Friday 13th of January 2017 06:03:38 PM
....But signs are emerging that prices are now on the way up. Morrisons highlighted the pressure on salmon prices last week while market research firm Kantar Worldpanel pointed to fish prices as a key contributor to the first period of food price inflation since September 2014. ...
A new stock market bubble? Neil Woodford may have a point image
Source : Guardian [Read Article] Thursday 12th of January 2017 03:21:32 PM
.... What’s more, after previous management’s catastrophic blunder in chasing self-defeating targets for profit margins, you can’t blame him for deciding the priority was to fix the offer for customers. Even so, Morrisons was in a similar pickle and is recovering faster. ...
UK Christmas retail: the winners and losers image
Source : Guardian [Read Article] Thursday 12th of January 2017 01:23:56 PM
Jingle tills image
Source : BBC [Read Article] Thursday 12th of January 2017 01:08:49 PM
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
.... It also came after a strong Christmas for Tesco last year. All the leading listed supermarket groups have had a good festive season – Sainsbury’s had a record Christmas week, reporting its first sales growth since March, while Morrisons reported its best Christmas performance in seven years, with sales up 2. ...
Tesco hails 'strong progress' as sales rise image
Source : BBC [Read Article] Thursday 12th of January 2017 08:19:59 AM
....Marks and Spencer beat analysts Christmas sales forecasts on Thursday. Sainsbury's reported record Christmas sales on Wednesday, and on Tuesday Morrisons said it had seen its best festive performance for seven years. ...
FTSE 100 extends string of record rises image
Source : BBC [Read Article] Wednesday 11th of January 2017 08:31:20 AM
....6%. Supermarket chain Sainsbury's added 1% after a positive update on its Christmas trading, but its rivals fared less well, with Morrisons falling 2. ...
Sainsbury's reports record Christmas sales of more than £1bn image
Source : BBC [Read Article] Wednesday 11th of January 2017 07:30:30 AM
....In general, retailers had buoyant food sales for retailers over Christmas period, a report by the British Retail Consortium suggested on Tuesday. And Morrisons reported its strongest Christmas sales for seven years on Tuesday. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
. Thank goodness Morrisons never succumbed to the briefly fashionable, but always absurd, idea that shareholders should flog the freehold-rich company to a crew of private equity barons to conduct a salvage operation. ...
FTSE 100 closes at new high in longest-ever winning streak image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:19:08 PM
.... Four of the top 10 risers on the FTSE 100 on Tuesday were commodity companies, with Anglo American – up more 313% since the start of 2016 – leading the way. Supermarkets also helped push the FTSE 100 to its new record after good Christmas trading results from Morrisons. ...
FTSE 100 marks record winning streak image
Source : BBC [Read Article] Tuesday 10th of January 2017 09:43:26 AM
....The decline in the pound since the Brexit referendum has lifted the stock market, as many of its leading firms make much of their profit overseas. Supermarket shares fuelled the latest rise, boosted by Morrisons' strong Christmas sales. ...
Morrisons enjoys some 'remarkable' Christmas cheer image
Source : Guardian [Read Article] Tuesday 10th of January 2017 08:05:01 AM
. Morrisons enjoyed its best Christmas in seven years as the supermarket chain revamped its premium ranges, opened more tills and cut fewer prices. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
. Morrisons has reported its strongest Christmas sales for seven years as the supermarket chain's recovery continues. ...
Food sales drive 'bumper' Christmas for retailers image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:02:01 AM
....Food sales were the major contributor to the growth, with non-food sales sluggish, the BRC said. Supermarket chain Morrisons reported a 2. ...
Tesco set to cut 1,000 jobs in restructuring plans image
Source : Guardian [Read Article] Monday 9th of January 2017 06:38:03 PM
....James Anstead, analyst at Barclays – one of Tesco’s house brokers – has predicted that the supermarket chain will report that sales during the six weeks to 7 January were flat on the same period the previous year. Anstead said: “If our forecasts are correct we expect Morrisons to be most pleased with the way in which trading panned out, although we also expect further evidence of Tesco’s ongoing momentum. ...

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