Supermarkets

Morrisons takeover could weaken pension security, pension trustees warn

A takeover of Morrisons could “materially weaken” the security of its pensions schemes if additional protections are not implemented, according…

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Online grocery sales fall by 10% as in-store sales rise to £7.7bn

UK supermarkets experienced 50 million more in-store visits in the last four weeks ending 14 August 2021 compared with the…

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Morrisons eyes ex-Tesco boss Terry Leahy as chairman

Morrisons is reportedly considering appointing former Tesco boss Sir Terry Leahy as its next chairman if a £7bn takeover bid…

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M&S ups full-year guidance as revenues rise 10%

Marks and Spencer has seen an upturn in its profit outlook during the 19 weeks up to 14 August, and…

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Morrisons accepts £7bn offer from CD&R

Morrisons has revealed it has accepted a new £7bn offer from US private equity firm Clayton, Dubilier and Rice (CD&R).…

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Highland Spring Group chief exec Les Montgomery to step down

Highland Spring Group have announced today that Les Montgomery has decided to retire from his full-time role as chief executive. …

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M&S launches food range in 150 new countries

M&S has announced a partnership with worldwide export platform British Corner Shop, enabling customers in over 150 countries to purchase…

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Grocery sales fall 4% as pre pandemic habits return

Grocery sales fell by 4.0% during the 12 weeks to 8 August 2021 compared with the same time last year…

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Co-op appoints new executive innovation chef

The Co-op has appointed David Llewelyn as their new executive innovation chef.  He will guide the culinary direction for the…

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Issa brothers eye retail veteran Ian McLeod as Asda chief

Asda owners, the Issa Brothers, are reportedly considering former Halfords boss Ian McLeod as the supermarket chain’s new chief executive. …

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