Morrisons has reported a 47% fall in half year profits to £126m and is closing 11 supermarkets as part of its plans to turnaround the business. Like-for-like sales in the six months to 2 August fell by 2.7%. Yesterday (9 September), Morrisons confirmed
Morrisons has reported a loss of £792m in its last financial year and announced plans to close 23 of its M local convenience stores. Total sales in the 12 months to 1 February 2015 were down 4.9% to £16.8bn. Like-for-like sales,
Morrisons has opened its 50th M local store, creating 1,000 new jobs so far across the UK, with more on offer in areas including Walton-On-Thames, Littlehampton and Cirencester. The opening of the 50th Morrisons M local in Derby is a
Morrisons has awarded a five-year contract to Wincanton, a leading provider of supply chain services in the UK & Ireland, to support its expansion of its M local convenience format in the north of England. The contract is for combined
Retail Times editor, Fiona Briggs, talks to David Martin, joint managing director at brand design agency, M Worldwide, about future retail trends Brand design agency, M Worldwide, has a hawk-eye view of the latest retail trends and concepts. The business
Morrisons has opened its first convenience store under the M-local brand and is putting the emphasis on fresh foods. The Ilkley,Yorkshire, store opened at 1pm today and is the first of a three-store trial designed to evaluate the convenience offer,
