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: Morrisons
Morrisons is set to close its Rathbones bakery, risking nearly 400 jobs.The grocery giant attempted various strategies for the bakery, but none returned it to profitability.Hovis…
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 has successfully completed a significant debt restructuring process.The supermarket chain reduced its debt by nearly 40%, from £6.2 billion to £3.8 billion.This achievement was supported…
Morrisons has launched its Black Friday deals early, promising shoppers significant savings on Christmas gifts.Offerings include discounts up to 95% on popular items like beauty products,…
Rami Baitiéh has led Morrisons through significant changes over the past year, focusing on improving financial stability and customer engagement.Morrisons addressed its debt by selling ground…
Morrisons has taken a major step by investing over £7 million in its Channel Island convenience stores after acquiring 36 stores from SandpiperCI.The acquisition encompasses stores…
Lidl and Ocado have emerged as the fastest-growing retailers according to recent Kantar data, reflecting significant shifts in the retail market.Lidl recorded remarkable growth with 326,000…
Asda has appointed Barney Burgess, a former Tesco director, as interim vice president of online during a transitional period.Burgess will oversee Asda’s digital platforms, including Asda.com…
Andrew Staniland, who was set to join Asda, has instead opted for a role at Morrisons.Initially set to become VP at Asda in March, Staniland will…