Grocery inflation slowed as supermarket discounts deepened Retail Grocery inflation in January slowed for the first time in six months after supermarkets lowered prices in response to stretched household budgets. Inflation was 3.3 per cent in January, easing from 3.7 per cent in December, according to the latest figures from Kantar. Prices rose for chocolate, juices and butters, but fell for cooking sauces, [...]
Asda equal pay dispute advances as UK supermarkets look on nervously Legal Asda workers equal pay can advance to the final legal stage after the Tribunal ruled some of their jobs are of equal value to the jobs in the distribution centres
Morrisons sales surge as customer loyalty pays off Retail Eating into the market share of its rivals and growing its loyalty card scheme helped sales surge at supermarket giant Morrisons during its latest financial year. The Yorkshire-headquartered chain has reported a revenue of £15.2bn for the 12 months to 27 October, 2024, up from £14.7bn. Its group like-for-like sales also increased from 1.8 per [...]
Morrisons joins Sainsbury’s and Asda in major job cuts after Budget January 24, 2025 Morrisons has become the latest UK supermarket giant to announce a major round of job cuts in the wake of the government’s Budget in October. The Bradford-headquartered chain has confirmed plans to axe more than 200 roles from its retail people team. The move forms part of a wider drive to significantly cut costs and [...]
Morrisons joins farmers in fight against Budget tax hike January 12, 2025 Morrisons shows its support towards the farming community, backing its call for urgent reforms to inheritance tax policies on farms following Rachel Reeves’ October Budget. In a LinkedIn video released on Saturday, Sophie Throup, the supermarket’s head of agriculture, emphasised the major Morrisons’ ongoing advocacy, reeling from the Chancellor’s sweeping inheritance tax levy. In October, [...]
Morrisons expands use of Ocado’s grocery-picking software in store November 28, 2024 Ocado has announced it will work more with Morrisons in-store and less via fulfilment centres as the latter company recalibrates the operations of its online grocery arm. Morrisons, which has been working with Ocado since 2013, will “gradually cease” deliveries from Ocado’s Erith fulfilment centre, in the south east Ocado said in a statement this [...]
Morrisons chief calls for urgent overhaul of business rates system November 24, 2024 The chief of Morrisons has called for the business rates system to be radically overhauled so it “genuinely levels the playing field” between high street retailers and online operators. Rami Baitiéh, the boss of the supermarket, told The Mail on Sunday: “The current proposal threatens to drag hundreds of supermarkets, which are crucial to thriving [...]
Morrisons puts 400 jobs at risk after failing to turn around loss-making bakery November 20, 2024 Supermarket giant Morrisons has confirmed plans to close a loss-making bakery in a move which has put almost 400 jobs at risk. The Bradford-headquartered grocer is looking to shut down Rathbones after failing to return the business to profit. The bakery was acquired by Morrisons out of administration in 2005 but has been loss making [...]
Hospitality bosses warn government tax hikes will hit investment November 5, 2024 According to reports, business leaders have warned the government that the tax rises announced in Labour’s Autumn budget will lead to a huge increase in costs and a fall in investment. The bosses of large retail and hospitality firms like Fuller’s, Greene King and Morrisons have warned business secretary Jonathan Reynolds that last week’s budget [...]
Asda flies in Morrisons and M&S execs as turnaround plan gathers pace October 22, 2024 Asda has added two new members to its leadership team as it looks to bolster the firm amid a significant turnaround plan. Laura Lepley will join in December from Morrisons as vice president of central operations, while Mark Henry will join in January from M&S as vice president of retail in the south of England. [...]