Morrisons news

Ocado deal officially given the “go ahead” The tie-up between Morrisons and Ocado has officially been approved by shareholders, with Morrisons still aiming to launch online by January 2014. The deal will enable Morrisons to use Ocado’s Dordon fulfilment centre in a sale and lease back agreement, while keeping distinct sourcing arrangements. We estimate that this will allow Morrisons to ful...

With the summer now in full swing, and schools broken up for the next six weeks, we take a look at the mix of promotional angles being used by retailers across the UK. 1. Summer savers Morrisons and Tesco are both offering summer promotions to support their broader value messaging. Morrisons "Hot Deals" cover a wide variety of seasonal and core products, while Tesco is offering a "Sum...

Morrisons updates on its expansion plans for the next year, whilst Sainsbury's celebrates 15 years of convenience.   Becoming a true multichannel retailer In a recent speech, Dalton Philips, chief executive of Morrisons re-affirmed the retailer's intention to be a true multichannel retailer. Part of this strategy is centred around the ambitious roll out of the M local format, with the...

The latest market from Kantar Worldpanel for the 12 weeks to 7 July 2013 indicates that the UK grocery market grew at 3.7% in the period, accelerating from the Jubilee affected comparatives seen in the June figures when growth was 3.0%.  The Kantar measure of inflation over the 12 weeks stood at 3.9%, indicating that volume growth remains notably constrained. 12 weeks to ...

At an event in London, Morrisons CEO Dalton Philips has outlined his plans to shape the future of Morrisons. Becoming a true national multichannel and multi-format player A priority for Dalton Philips was to explain how the retailer was evolving across several fronts to drive growth and show relevance for shoppers. With this in mind, he outlined the importance of freshness, provenance, val...

Following Morrisons announcement of changes to its online team and a new convenience depot, we assess how the retailer's multichannel strategy is taking shape. 1. Convenience expansion gathering pace As part of its push into the convenience channel Morrisons will be opening a new distribution centre in Lancashire, that will deliver to its M Local portfolio in the north. The new site h...

Latest figures from data agency Nielsen indicates that in the the four week period to 22 June the UK grocery retail market grew by 2.3%, as against 2.8% in the previous period, ending 25 May.  Market volume sales were up just 0.1%, running up against the celebratory spending for the Diamond Jubilee seen in 2012. Seasonal produce performing well Amongst the key product categories, fresh produc...

Morrisons has reshuffled its senior team following the announcement of its tie up with Ocado, as it gets set to push multichannel growth. Changes at the top Mark Harrison, the group retail director, and Martyn Fletcher, the group manufacturing director, will be swapping roles. Harrison has been head of store operations for almost a decade, having joined Morrisons as a management trainee...

The first half of 2013 has seen some major changes to the makeup of retailers' senior teams. In this article we round up the most significant appointments. Asda : Major changes following McKenna's move to Walmart The year began with the announcement that Judith McKenna was to vacate her position as COO to take up a new role as executive vice president, strategy and international development...

The latest UK grocery market share data from Kantar Worldpanel, for the 12 weeks to 9 June 2013, reveals a downturn in market growth from 3.9% to 3.0%, reflecting the challenging comparative of last year's Jubilee bank holiday. The Kantar measure of inflation indicates that prices rose by 3.9%, unchanged on the previous period and implying a drop in volumes. 12 weeks to 10 June 2...