Sir Ken Morrison tells Morrisons' boss: “I have something like 1,000 bullocks and, having listened to your presentation, Dalton, you’ve got a lot more bullshit than me.”

Sir Ken Morrison in ‘bullshit’ attack on supermarket boss

By Michael Stones

Sir Ken Morrison, the outspoken former chairman of Morrisons, has launched a stinging attack on the retailer’s boss Dalton Philips, describing his strategy for the recovery of the troubled business as “bullshit”.

Gibson is in his eighth year on the Morrisons board

Morrisons’ chairman to step down

By Rod Addy

Morrisons’ chairman Sir Ian Gibson is to step down, the supermarket chain has announced, a month after Roger Owen, a former director of the business, had called for his resignation.

£100 worth of Amazon vouchers are up for grabs for one lucky person who completes the online survey

National food and drink manufacturing survey opens

By Rod Addy

How will your company fare in 2014 in areas such as filling skills gaps, handling rising costs and profit growth? Now’s your chance to have your say and find out what your peers think.

Rick Pendrous, editor, Food Manufacture

Get ready for a ‘scary ride’ to retailer shelves

By Rick Pendrous

Morrisons’ appalling results and the associated announcement last month by the retailer’s boss Dalton Philips that he planned to sell off a large slice of its estate to raise funds towards the £1bn earmarked for price cuts sent shivers throughout the...

Morrisons owns around 90% of its estate, compared with Tesco and Sainsbury’s 65% to 70% ownership

The 'Morrisons effect' hits UK retailers

By Michael Stones

Morrisons’ £176M loss for the year to February 2 - the latest in a series of lacklustre financial reports from the UK’s major supermarkets - has focused attention on Britain’s changing retail landscape.

Tesco, Sainsbury and Asda will be forced to respond to Morrisons’ lower prices

Morrisons’ price cut strategy signals supermarket war

By Michael Stones

A supermarket price war is likely to follow Morrisons’ pledge to cut its prices, in a bid to combat discounters Aldi and Lidl, after the retailer posted a loss of £176M last week, according to leading analysts.  

Morrisons pledged to take on the discounters after reporting a loss of £176M

Morrisons posts loss of £176M after ‘disappointing year’

By Michael Stones

Morrisons has reported a £176M loss in full-year results to February 2, compared with a previous profit of £879M, as the supermarket revealed plans to slash costs and lower prices in a bid to battle the discounters.

Morrisons and Tesco gave Shore Capital analysts cause for concern, after recent market share losses revealed by Nielsen data

Morrisons and Tesco ‘give cause for concern’: City analyst

By Michael Stones

Morrisons and Tesco were “the clear laggards” among the four big supermarkets, while discounters and premium sellers continued to do well, according to City analyst Shore Capital, commenting on recent Nielsen market share data.


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