Morrisons

Morrisons begins plans to sell and lease back five supermarkets

CD&R, Morrisons’ parent company, is reportedly looking to sell and lease back five of the supermarket brand’s stores in a…

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CMA deems Morrisons’ takeover of McColl’s ‘would not harm shoppers’

The Competition and Markets Authority (CMA) has found competition concerns in only a small number of local areas after launching…

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Retail Jobs Alliance calls on next PM to reduce business rates

The Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, has called on both Rishi Sunak and…

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Morrisons opens its first eco store

Morrisons has launched its first low environmental impact store in Little Clacton, Essex, which uses 43% less carbon, stocks 366…

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Morrisons sales down 6.4% in Q2

Morrisons has reported that like-for-like sales were down 6.4% in Q2, improving only towards the end of the quarter as…

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Morrisons welcomes CMA’s green light for CD&R takeover

Morrisons welcomed the announcement today by the Competition and Markets Authority (CMA) that it has accepted the undertakings given by…

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Morrisons secures McColl’s deal saving 16,000 jobs and pensions

Alliance Property Holdings Limited, part of the Morrisons Group, has secured a rescue deal for embattled retailer McColl’s that will…

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CD&R offers to sell petrol stations in bid to push through Morrisons deal

CD&R has offered to sell a number of its petrol forecourts in order to push through its £7bn acquisition of…

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Morrisons begins hunt for new CEO

The new owner of Morrisons, private equity firm Clayton Dublier & Rice (CD&R), has reportedly started its search for a…

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Morrisons shareholders give £7bn takeover green light

Morrisons has confirmed that its shareholders have approved its £7bn takeover by CD&R Bidco in a meeting held this week. …

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