Morrisons

Morrisons rejects £5.5bn CD&R takeover bid

Wm Morrison Supermarkets has rejected a £5.5bn takeover bid from the American private equity company, Clayton, Dubilier and Rice (CD&R).…

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Morrisons shareholders vote against exec bonuses

Morrisons shareholders have overwhelmingly voted against the retailer’s remuneration proposals which included paying David Potts, chief executive, £1.7m in bonuses,…

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Morrisons predicts stronger profits amid sales surge

Morrison’s has predicted that net debt for the year will be no higher than pre-pandemic levels and that profit before…

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CTSI warns of supermarket fake text scams

The Chartered Trading Standards Institute (CTSI) has received evidence of a text scam involving Asda and Morissons delivery messages. One…

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Ex-Post Office chief exits Morrisons and Dunelm boards

Paula Vennells, the ex-chief of the Post Office, has announced she is leaving the board of Morrisons and Dunelm –…

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Morrisons launches postcard campaign to tackle loneliness

Morrisons has announced it will be giving away half a million free postcards for children to “spread messages of hope”…

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Amazon’s here – so what’s the future for UK supermarkets?

Amazon has set its sights on the UK supermarket sector. From the Amazon Fresh initiative to its partnership with Morrisons,…

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Morrisons remains ‘confident’ despite 62% fall in profits

Morrisons has said it expects to see profits recover this financial year, after it experienced a 62% decrease in pre-tax…

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