Blog: Dean BestMore of the same from Morrisons

Dean Best | 10 September 2009

It was more of the same today (10 September) from Morrisons, the UK's number four grocer.

The retailer has continued its steady sales growth and, although half-year earnings were boosted by property disposals and pensions, underlying profits were robust.

Marc Bolland continues to please investors with his success in luring more upmarket shoppers to his stores and with his strategy to, as he rather quirkily puts it, take Morrisons from "national to nationwide".

Still, you know what the press pack are like. With every quarter of robust like-for-like sales that rolls by, so the clamour for something different from Morrisons and Bolland grows.

So, will Morrisons finally go online? (That old chestnut)

"People really need to see Market Street before they understand what Morrisons is all about," Bolland flat-batted, again pointing to the retailer's in-store baker-butcher-and-fishmonger concept.

Will Morrisons expand further into non-food?

"Our positioning as the 'food specialist for everyone' really works for us. In non-food, we want to make the space we have work better for us," Bolland insisted, suggesting that we shouldn't expect Morrisons to sell reams and reams of LCD TVs.

A-ha! But what about the speculation linking you to the top job at Marks and Spencer, Mr Bolland? There is a lot of talk surrounding the likely man (or woman) to succeed Sir Stuart Rose ...

"I love Morrisons. This is a country that loves lists and loves bets but I love Morrisons and I'm happy where I am," the Dutchman said.

I think we'll be seeing Mr Bolland at Morrisons' results presentations for some time to come.


BLOG

Will Amazon Go be retail "game-changer"?

Ask any FMCG executive to list the trends shaking up the sector and digital and e-commerce will be pretty high on the list. Drill down into that and Amazon will be one of the subjects in the digital s...

BLOG

UK food producers call for "best possible single market access" post-Brexit

Since Theresa May took over as UK Prime Minister in the wake of the country's referendum vote to quit the European Union, she and her ministers have been at pains not to divulge their negotiating posi...

BLOG

Greenpeace trains sights on Sainsbury's over John West tuna

Greenpeace's long-running campaign against UK tuna brand John West, owned by seafood giant Thai Union, is now directing its fire against Sainsbury's....

just-food homepage



Forgot your password?