Morrisons

Morrisons posts £1.5bn loss after CD&R acquisition

Morrisons has posted losses of £1.5bn one year after being acquired by US private equity firm Clayton, Dubilier and Rice,…

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Jobs at risk as Morrisons shifts to single maintenance supplier 

Morrisons is reportedly planning to part ways with at least 83 maintenance suppliers and shift to one single supplier, in…

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Tesco exec Jason Tarry touted to replace Morrisons CEO

Tesco executive Jason Tarry has been identified as a potential replacement for Morrisons CEO David Potts, according to reports from…

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Morrisons to close 132 McColl’s stores

Morrisons has announced plans to close 132 McColl’s stores over the year as these stores have “no realistic prospect” of…

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Morrisons owner working to replace CEO

Morrisons owner Clayton Dublier and Rice (CD&R) is working to find an eventual replacement for CEO David Potts just a…

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CMA gives Morrisons green light for McColl’s takeover

Morrisons’ takeover of McColl’s is nearing completion after the Competition Markets Authority (CMA) announced it will accept the merger. The…

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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 set to greenlight Morrisons’ McColl’s takeover

The Competition and Markets Authority (CMA) is set to greenlight Morissons’ proposal to acquire McColl’s after accepting proposals for the…

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Morrisons faces £100m hit to borrowing costs amid debt pile up

Morrisons is facing a near-£100m hit to its borrowing costs amid market turmoil adding pressure on the supermarket chain. According…

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Morrisons profits halve in Q3 as inflation pressures hit

Morrisons has seen its profits halve in its latest quarter, falling from £356m to £177m, with the group warning that…

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