Blog: A message of goodwill from Morrisons
Dean Best | 4 December 2008
Christmas is a stressful time for all of us, not least those working in the food retail sector. It is one of the most competitive times of the year and, given the economic turmoil, retailers are battling it out for a share of an ever-more cautious consumer's pennies.
However, one man likely to be full of Christmas cheer is Morrisons boss Marc Bolland. Today (4 December), the UK's fourth-largest grocer confirmed its position as one of the country's more buoyant retailers with a bumper set of quarterly sales figures.
Morrisons saw third-quarter like-for-like sales rise 8.1%, outpacing the growth seen at Tesco, which earlier in the week revealed its own quarterly like-for-likes had risen by just 2%.
Bolland has even bought himself a Christmas present with the agreement to buy 38 stores from fellow UK retailer The Co-operative Group.
Nevertheless, given this is the season of goodwill to all men, Bolland resisted the temptation to send a gloating message to his supermarket rivals.
When he asked how he had found competing with the might of Tesco since arriving at Morrisons in 2006, Bolland said: “I have a strong respect for Tesco. It is probably the world's very best retailer. We operate in a very challenging environment and I am enjoying the challenge of competing in a market with the world leader of quality.”
A smooth Christmas message if ever there was one.
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....
- just-food 2017 Survey - your thoughts on growth
- 2017 - what will shape the UK food sector?
- Food market in 2017: need-to-know US trends
- Food market in 2017: big foodservice trends
- Could BRF's Turkey move pave way for OneFoods IPO?
- Ferrero insists Nutella not pulled from shelves
- Dairy giant Muller appoints new CFO, COO
- Kellogg announces new "nutritious" line-up
- UK's Bakkavor plays down IPO "speculation"
- Kellogg's 1894 fund debut investment in Kuli Kuli