Morrisons ‘in a difficult space’ facing three key risks: City
Morrisons’ latest results reveal Britain’s fourth largest supermarket is still “in a difficult place”, as it grapples with three specific challenges, according to City analyst Investec.
Archives for March 15, 2013
Morrisons looks to online and convenience to boost profit
Britain’s fourth largest supermarket Morrisons has revealed plans to start selling food online by the end of the year and open more convenience stores in its latest financial results, which reported profit before tax down by 4% to £901M.
EU working group to discuss probiotic as a ‘general descriptor’
Hopes are rising that the use of the term ‘probiotic’ will not have to disappear on products following the failure of the European Food Safety Authority (EFSA) to give approval for a generic health claim for the ingredient last year.