Tag: Morrisons

Convenience Chain Enters into Administration

Convenience chain enters into administration
Posted on 30 June, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores... Read More

Morrisons to sell Large Chunk of Convenience Store Network

Posted on 10 September, 2015 by Kirsten Kennedy under Business News

The supermarket price war rages on, and many UK brands are beginning to feel the strain of competing with European discounter brands such as Lidl and Aldi. One of the greatest casualties so far has been Morrisons, which has announced a new wave of closures... Read More

Cinema uncertainty raises Questions over Future of Oswestry scheme

Posted on 25 May, 2015 by Kirsten Kennedy under Commercial Developments

As regional areas continue to gain an increased amount of interest from developers seeking space for retail and leisure complexes, cinema operators are engaging in renewed programmes of expansion which largely stalled in the early years of the recession.... Read More

Sales continue to Slide at Morrisons

Posted on 8 May, 2015 by Kirsten Kennedy under Business News

Like the majority of Britain’s supermarket chains, Morrisons has suffered repeatedly in recent years at the hands of discounters such as Aldi and Lidl which have offered consumers an alternative to the traditional “Big Four” template which dominated the... Read More

Tesco and Morrisons benefit as Grocery Sales climb at Fastest Rate since 2008

Posted on 12 February, 2015 by Kirsten Kennedy under Business News, Economy

The supermarket price war has been escalating recently as the traditional leading grocery retailers attempt to win back consumers from discounters such as Aldi and Lidl. While this technique has appeared unsuccessful to date, it seems that two of the Big Four... Read More

Morrisons sells non-food interest in Killingworth Centre

Posted on 2 February, 2015 by Cliff Goodwin under Commercial Sales and Lets

Development Securities has used the profit from an investment portfolio to acquire the non-food element of a North-East shopping centre. The London-based company paid more than £19m to acquire a 185,000 sq ft share of The Killingworth Centre from supermarket... Read More

Transformation of former Morrisons Headquarters given Green Light

Posted on 15 January, 2015 by Kirsten Kennedy under Commercial Developments

Major retail and leisure developments were something of a trend in 2014 and seem set to continue this year thanks to the continuing improvements within the economic climate. This has allowed the debate over the future of the former Morrisons headquarters in... Read More

Analysts forecast poor Trading Update from Morrisons

Posted on 12 January, 2015 by Kirsten Kennedy under Business News, Economy

Although most supermarket brands in the UK are struggling to attract custom at present, Morrisons has consistently been the worst performer out of the “big four”, with its failure to launch an online service until well after its key rivals and minimal... Read More

Competition causing large supermarkets to struggle with space

Posted on 5 January, 2015 by Chris Grigorovsky under Business News

The big supermarket chains, such as Tesco and Morrisons, are facing a slight challenge in 2015, as larger store openings are seeing a decline. With customers having other alternatives like online shopping, as well as the smaller discount stores of Aldi and... Read More

Morrisons Sales Affected by Lack of Online Presence

Posted on 10 November, 2013 by Kirsten Kennedy under Business News

The supermarket sector is one of the most competitive in British retailing, with the top four constantly attempting to outdo each other with special offers, price comparisons and consumer ratings. However, while Tesco, Asda and Sainsbury’s have tended to... Read More