Morrisons continues to face challenges as sales slump 1.1% in Q1
Morrisons reported like-for-like sales down 2.9% in the first quarter of the financial year today with total sales (excluding fuel) down 1.1%.
Read more...Morrisons reported like-for-like sales down 2.9% in the first quarter of the financial year today with total sales (excluding fuel) down 1.1%.
Read more...Kantar Worldpanel released it most recent UK retail figures today showing that "a massive £532m has been taken out of the supermarket revenue pool in just three months" according to Fraser McKevitt, the head of retail and consumer insights at Kantar.
Read more...Morrisons announced today that it plans to eliminate 720 jobs at its head office with the drinks team at risk of potential redundancies.
Read more...Morrison's results were broadly in line with expectations, City analysts agreed - but incoming chief executive David Potts faces a tough year.
Read more...Morrisons has posted an annual pre-tax loss of £792m, as total turnover fell 4.9% to £16,816m in the 52 weeks to 1 February 2015.
Read more...Supermarkets are missing out on £400 million in sales as price deflation continues to pick up pace offering further savings to consumers, according to latest figures from Kantar Worldpanel.
Read more...Shifts expected in the off-trade over the next 12 months are likely to create a "huge opportunity" for independent merchants, according to Tim Wilson of the Wilson Drinks Report.
Read more...Morrisons has named former Tesco director, David Potts, as its new chief executive following weeks of speculation of who would succeed Dalton Phillips who announced he was stepping down in January.
Read more...After 13 reported months of decline Tesco has posted 0.3% growth and the supermarket industry as a whole appears to be improving with growth accelerating to 1.1%.
Read more...Aldi plans to open 70 more stores across the UK and hire 150 store managers, 300 assistant managers and 4,500 store staff in 2015.
Read more...Using award winning wine stickers on bottles can boost total wine sales by up to 15% in retail outlets, equating to millions of pounds in extra sales, according to research released today by the International Wine Challenge.
Read more...Waitrose is bucking the trend of store closures and job losses in the grocery sector by opening 14 new outlets in 2015, with more in the pipeline for 2016.
Read more...Christmas sales figures are neck-in-neck across the grocery market, according to Kantar's latest data, which shows the retailers are the closest they have ever been since the market research firm began keeping records 20 years ago.
Read more...Morrisons saw like-for-like sales fall 3.1% in the six weeks to January 4 - making it the worst supermarket performer over Christmas - as the board pulled the plug on embattled chief executive Dalton Philips.
Read more...Up to 95% of the 200 suppliers who took part in our survey into the behaviour of major UK retailers want them to change. Here Gemma McKenna reveals what suppliers really think of the big multiples
Read more...Mark Jarman, head of wine operations at Morrisons, relives the retailer's award-winning year and predicts further success for sherry and South American wines.
Read more...While the grocery market has returned to very slight growth, real grocery deflation, which has seen prices fall by 0.7% versus last year, equates to savings of £182 million for consumers in the last three months, according to Kantar.
Read more...Morrisons has been forced by the Advertising Standards Authority to pull what it claims are "misleading" adverts offering special promotions after only two complaints.
Read more...Lidl is the UK's best supermarket for wine when it comes to value - according to an 18-month study tasting over 4,000 wines carried out by the Wotwine app.
Read more...Morrisons' saw a sharp drop off in sales in the last three months, but insisted it had "made progress" on its strategy, and needed more time to see the results.
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