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Morrisons faces uphill struggle to improve sales trends What the analysts say: The verdict on Morrisons' strategic overhaul

13 March 2014

Morrisons reported a full-year loss of GBP176m (US$293.6m) and further deterioration of like-for-like sales today (13 March). Management this morning set out a new strategic course for the group, which includes a GBP1bn price investment over the next three years. While next year's profits are expected to drop, the company believes the investment can be funded through a cost-saving drive in the medium-term. However, with concern over margins and competitive pressures, opinion remains divided over the prospects for the beleaguered grocer.

UK: Ocado sales growth fails to convince analysts

12 March 2014

UK online specialist Ocado today (12 March) reported a jump in first-quarter sales but the result failed to convince the City and its shares tumbled.

Comment: Growth of online channel good news for big brands

6 March 2014

Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key growth area the country's largest retailers are vying to exploit. In the UK - the birthplace of private label - online expansion is good news for the manufacturers of leading food brands, Katy Askew suggests.

On the money: Ocado still looking at more tie-ups in medium term

4 February 2014

Ocado chief executive Tim Steiner has said the UK online retailer is still looking to further develop licencing deals with larger retailers, although he emphasised there are no "imminent announcements" on any pending agreements.

UK: Ocado FY losses widen despite sales gain

4 February 2014

Online UK grocer Ocado has reported higher annual losses despite growing sales ahead of the market and establishing a tie-up with supermarket group Morrisons.

UK: Morrisons silent over Dymond exit

28 January 2014

Morrisons has declined to comment over the rumoured resignation of online grocery executive George Dymond just weeks after he joined.

UK: Ocado "planning warehouse openings" to boost capacity

22 January 2014

Ocado has refused to comment on reports it has drawn up a short list of potential sites to house a third and fourth giant warehouse which, it is hoped, would boost its grocery delivery capacity by 50%.

UK: Morrisons "suspends treasurer over insider trading charges"

21 January 2014

Morrisons has reportedly suspended its treasurer, Paul Coyle, over allegations of insider trading ahead of the announcement of the supermarket group's tie-up with Ocado.

UK: Ocado sales surge ahead of online market

16 January 2014

UK online grocer Ocado has booked a market-beating increase in sales as investments in capacity allowed it to fill more orders in its fourth quarter.

UK: Morrisons sees sales tumble over Christmas

9 January 2014

Morrisons today (9 January) reported a near-6% drop in like-for-like sales over Christmas, sending shares in the UK's fourth-largest grocer sliding.

Talking shop: Morrisons confident on online foray

22 November 2013

Morrisons, the UK's fourth-largest supermarket, has seen sales come under sustained pressure. The retailer has responded by filling in the gaps in its portfolio, augmenting its bricks-and-mortar supermarket base with a convenience and online offering. Will this be enough to bring positive sales momentum to the supermarket chain - or do other underlying issues persist?

UK: Morrisons details online launch

21 November 2013

Morrisons has unveiled details of its long-awaited online launch, with plans to cover 50% of UK households by the end of next year.

In the spotlight: Morrisons making positive strides, but LFL sales continue descent

7 November 2013

The UK's fourth largest supermarket, Morrisons, today (7 November) showed further signs that its sales are struggling amid tough competition in the marketplace. The grocer is continuing to make positive strides, but the questions over whether this is enough and whether Morrisons has its proposition right still linger. Michelle Russell reports.

UK: Morrisons shares slide as Q3 sales suffer

7 November 2013

Morrisons saw its share price fall this morning (7 November) after it booked a drop in like-for-like sales in the third-quarter.

UK: Waitrose looks to triple sales in ten years

21 October 2013

Upmarket retailer Waitrose has confirmed it is targeting GBP15bn (US$24.2bn) of sales in ten years as it looks to build its presence in the UK.

UK: Morrisons tight-lipped over "Birmingham online launch"

14 October 2013

UK retailer Morrisons has remained tight-lipped over reports it is to debut its online grocery operations in Birmingham.

Editor's choice: the highlights on just-food last week

14 October 2013

Last week's coverage has been dominated by two highlights of the food industry calendar. The first, industry trade show Anuga, saw just-food speaking to a number of up-and-coming companies, such as US kefir maker Lifeway Foods, about their export plans. The second, The World Retail Congress in Paris, provided us with an opportunity to delve into the emerging trends and hear from the great and the good of the food retail sector.

Quote, unquote: just-food's week in words

14 October 2013

just-food was working hard to bring you news from both Cologne and Paris last week as the Anuga trade show and World Retail Congress conference, respectively, got under way. Enjoy some of the best quotes from both shows. Separately, Saputo confirmed plans to table a takeover bid for Warrnambool Cheese and Butter Factory, while the UK Government unveiled a programme to support the country's food and drink exports.

WORLD RETAIL CONGRESS 2013: Quote, unquote - day two

9 October 2013

On day two of the World Retail Congress in Paris, attendees heard from Modern Putra Indonesia - the operator of 7-Eleven stores in the emerging economy - UK online retailer Ocado and French retailer Systeme U. Here are a selection of quotes from the second day.

WORLD RETAIL CONGRESS 2013: Ocado: Online "long-term headache" for physical retailers

9 October 2013

The rapid increase of consumers shopping online will cause a "long-term headache" for bricks-and-mortar retailers as the channel eats into sales within stores, according to UK internet grocer Ocado.

UK: Waitrose plans London e-commerce assault with new depot

24 September 2013

Waitrose has said it can more than double its "online capacity" in London with the opening of another e-commerce grocery depot in the city.

UK: TSC Foods launches 'Love Of' value soup line

17 September 2013

TSC Foods, the maker of the Glorious! food line, has launched a value range of soups in two classic flavours.

Best bits: Morrisons calms City but tests lie ahead

16 September 2013

After recent criticism in the City, Morrisons last week sought to soothe any anxiety among investors. Even as it reported lower half-year sales and profits, the UK retailer in some ways succeeded - its share price jumped - but the country's fourth-largest grocer still faces challenges within its core business and with its newer ventures in the convenience and online channels.

UK: Morrisons emphasises fresh food credentials ahead of online push

13 September 2013

Morrisons CEO Dalton Philips has said the UK grocer's "strong fresh food proposition" will help it meet its target to have a profitable online business four years after its launch in January.

UK: Ocado sales jump on new orders

12 September 2013

Online retailer Ocado has booked a 16.4% jump in gross sales, driven by an increase in the number of orders it receives.

Interview: Gousto combines convenience, quality and value

27 August 2013

One-year-old Gousto is a fledgling company with a unique proposition. Consumers order online from a variety of menu options and Gousto delivers dinner kits, complete with recipe cards and all the ingredients, direct to the door. The company, which has expanded rapidly through its own website, has just entered a partnership with online retailer Ocado. Katy Askew spoke to Gousto co-owner Timo Schmidt about the company's ambitions.

Comment: Co-op should tread carefully in online push

23 August 2013

To much fanfare, The Co-operative Group confirmed that it will be the last of the "big five" UK retailers to throw its hat in the ring and enter the online channel. While the company is emphasising the growth potential offered by rapidly expanding online sales, Katy Askew suggests that the grocer will have to think outside the box if it is to combine an online offering with what remains its point of difference - convenience

UK: Co-op unveils online ambitions

23 August 2013

UK convenience retailer The Co-operative Group is developing an online sales platform that it plans to trial this year.

Interview: UK snacks firm New York Delhi eyes growth away from supermarkets

2 August 2013

UK snacks firm New York Delhi has secured a listing with Australia's largest retailer Woolworths Ltd but the company insists it is aiming to grow without "selling out" to the large supermarket chains.

UK: New Morrisons stores to trial management changes

30 July 2013

Morrisons, the UK's fourth-largest grocer, is to test new management structures in seven stores it plans to open later this year.







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