Morrisons sales rise as debt-ridden grocer cuts costs Retail Morrisons has toasted faster sales growth as the private-equity-owned grocer nears £1bn in savings as it races to trim its huge debt pile. The grocer saw like-for-like sales jump by 3.2 per cent to £1.4bn in the three months to the end of July, as its chief executive attributed this “stronger sales momentum” to the [...]
Tesco and M&S warn Burnham against Budget tax raid on retailers Retail Top supermarkets including Tesco, Sainsbury’s and Marks & Spencer have urged Andy Burnham to rule out a Budget tax raid on retailers, warning they are already facing “unsustainable” costs. The Retail Jobs Alliance (RJA), which represents retailers employing more than 1m people, has urged the Prime Minister not to prioritise pubs and bars over high [...]
Morrisons pledges to slash prices as price war intensifies Retail Morrisons has pledged to match prices with its rivals on hundreds of products, as the debt-ridden grocer ramps up an emerging price war between UK supermarkets. The private-equity-owned supermarket has vowed that 500 of its “everyday essentials” will not be found cheaper at any of Tesco, Sainsbury’s, Asda, Aldi or Lidl. Britain’s supermarkets are fighting [...]
Can debt-ridden Morrisons become a Big Four supermarket again? August 22, 2026 “Nothing but difficult” is how one retail analyst describes the road ahead for Morrisons boss Rami Batiéh. Since taking charge of the grocer in November 2023, the chief executive has faced an uphill battle, as the group – once a firm member of the UK’s ‘big four’ – is outpaced by its rivals. Batiéh, whose [...]
Could a ‘land blocking’ rule change spell danger for Aldi and Lidl? August 13, 2026 German discounters Aldi and Lidl have rapidly taken control of the UK’s budget grocery market in recent years. But could new curbs on ‘land blocking’ slow their insurgency? Only a few decades ago, Lidl and Aldi were oddities. By 2008, the German discount supermarkets had been in the UK for more than 10 years but [...]
Morrisons pushes ahead with convenience store openings after closing 100 June 17, 2026 Morrisons is pushing ahead with an aggressive expansion of its convenience stores, less than a month after it shut 100 loss-making sites. The supermarket opened 30 more Morrisons Daily stores in the last three months and plans to open hundreds more in the coming years. This is despite the grocer saying in May that “significant” [...]
More than 80 retail bosses urge Starmer to tackle youth unemployment crisis June 10, 2026 More than 80 retail bosses have called on the Prime Minister to set out urgent measures to tackle youth unemployment, warning that the “ladder of opportunity for young people is wobbling”. The chiefs of leading retailers including Tesco, Sainsbury’s and John Lewis have called on Sir Keir Starmer to safeguard the position of retail as [...]
Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket May 27, 2026 Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]
Morrisons blames Labour for closure of 100 lossmaking stores May 22, 2026 Morrisons has taken aim at Labour policy for “significant cost increases” as it announced the closure of 100 lossmaking stores. The supermarket chain said on Thursday that it will close the 100 unprofitable Morrisons Daily convenience stores, in a move which could affect hundreds of jobs. Morrisons has faced steep debt costs following its £7bn [...]
Supermarkets round on Aldi and Lidl over ‘rigged’ system May 6, 2026 A host of leading British supermarkets have rounded on German discounters Aldi and Lidl over fears competition is being “distorted” by a “rigged” system. Sainsbury’s, Morrisons and Iceland are ramping up pressure on the competition watchdog to crack down on Aldi and Lidl’s ability to block rivals from opening new stores on nearby land. The [...]