Morrisons is planning to shut down its Rathbones bakery, risking almost 400 jobs due to ongoing financial losses.Acquired by Morrisons from administration in 2005, Rathbones bakery…
Browsing: debt reduction
Morrisons has successfully reduced its debt by nearly 40%, amounting to a reduction of £2.4bn, through a significant restructuring process.The supermarket chain achieved this by cutting…
Morrisons, a prominent supermarket chain, announces a strategic property agreement aimed at reducing its substantial debt.The retailer aims to decrease its debt by £331 million through…
Morrisons continues to experience steady sales growth, focusing on customer loyalty and product availability.In its third quarter, Morrisons reported a like-for-like sales increase of 2.9%, reaching…
Morrisons has implemented a significant property agreement aiming to slash its debt burden by a substantial 41%.The company has engaged in a £331 million ground rent…
Golden Goose, a renowned Italian luxury sneaker brand, has announced its intention to list on the Euronext Milan, marking a significant step in its growth strategy.…
To address rising debts, the Issa brothers have divested 63 US convenience stores.The stores, located in Kentucky and Tennessee, were sold to Casey’s General Stores.This divestment…