Morrisons cuts prices on 200 items as boss David Potts swings the axe in supermarket price wars June 8, 2015 Morrisons is the latest supermarket to swing the axe in the ongoing price wars, with price cuts on hundreds of products. David Potts, the former Tesco executive who replaced Dalton Phillips at the top, has made his first move in the battle of the supermarkets as it tries to compete with discounters and its big [...]
Sainsbury’s, Waitrose and Asda recall “gluten free” products over fears they contain gluten June 7, 2015 Three of the UK's biggest supermarkets are warning customers the “gluten-free” products they bought may contain gluten. Asda, Sainsbury's and Waitrose have all issued statements recalling certain products branded as gluten-free, ranging from pitta breads to pizza bases and pancakes. On its website, Asda said: It has been brought to our attention [...]
Morrisons is the only big four grocer “currently on right track”, says Nielsen June 5, 2015 Morrisons waits for good news for months and then three come along at once. The supermarket – which has, until now, been one of the more unloved – has already had one set of figures prove it's the only one of the big four in growth, which in turn prompted a share price rally, [...]
Supermarket sweep: Here’s how Britain’s rapidly changing grocery sector will look in 2020 June 4, 2015 Here's a slither of good news for Britain's embattled grocery sector – growth is likely to pick-up over the next five years, according to food and consumer goods researcher and charity IGD. The grocery market will swell by 13 per cent to £200.6bn by 2020, as growth picks up from a low of 1.7 per [...]
Morrisons clings to its position in FTSE 100 index June 3, 2015 MORRISONS yesterday narrowly escaped eviction from the FTSE 100 after being saved at the eleventh hour by strong retail figures. Inmarsat was yesterday promoted to Britain’s premier share index, while power company Aggreko was relegated to the FTSE 250. Bradford-based Morrisons had been widely expected to be demoted after suffering a decline in sales, profit [...]
Morrisons beats Tesco, Asda and Sainsbury’s to grow market share June 2, 2015 ONLY WM Morrison managed to improve its market position in the 12 months to the end of May, as the supermarket sector shake-out continues to pound the big four grocery chains. Morrisons sales edged up by 0.1 per cent on the year, as its market share held flat at 10.9 per cent. Aldi stormed up the [...]
Morrisons the only “big four” supermarket in growth June 2, 2015 Is this a case of too little too late or the beginning of a turnaround? Morrisons was the only one of the “big four” supermarkets to grow over the last 12 weeks, according to latest figures by Kantar Worldpanel. The supermarket, which this week faces demotion from the FSTE 100, managed a sluggish 0.1 [...]
Fighting forward: The Black Farmer’s Wilfred Emmanuel-Jones talks sausages, political incorrectness and willpower May 31, 2015 Being an entrepreneur is all about timing. You can have the best-laid plans in the world, a huge amount of skill, but it’s really about catching the zeitgeist.” This is Wilfred Emmanuel-Jones’s opening line to me. After a brief pause, he adds, “life is also all about timing”. This is something the founder of [...]
Labour leadership race: Andy Burnham woos business with calls to “celebrate spirit of enterprise” May 29, 2015 Andy Burnham will today admit that Labour got it wrong on business and the economy, and that the party cannot win the next election if voters believe it gives the workshy an "easy ride". In a speech to business leaders, the frontrunner in the race to succeed Ed Miliband as leader will say he is [...]
Food price fall eases squeeze May 26, 2015 HOUSEHOLD budgets received another boost from falling prices last month, as food, drink, energy and travel costs all fell, according to Asda’s income tracker today. Summer holiday season got off to a flying start as airfares came in 5.3 per cent lower on the year, in part due to lower oil prices. And falling household [...]