Bradford-based supermarket giant Morrisons said it will raise about £331 million with the sale and lease back of 76 of its supermarkets.  Under the ground…

Bradford-based supermarket giant Morrisons said sales excluding fuel rose in the latest quarter and EBITDA for the first half of the financial year jumped 16%….

Bradford-based supermarket giant Morrisons said it successfully closed the sale to Motor Fuel Group (MFG) of 337 Morrisons’ petrol forecourts and more than 400 associated sites for electric…

Bradford-based supermarket giant Morrisons has reported its strongest quarterly like-for-like (LFL) sales growth for three years and seven consecutive quarters of LFL sales improvement. For…

Bradford-based supermarket giant Morrisons said its full year total revenue excluding fuel rose 2.7% to £14.9 billion in the 52 weeks ending October 29, 2023. Full year…

Bradford-based supermarket giant Morrisons said on Tuesday it has agreed a £2.5 billion deal to sell 337 petrol forecourts to Motor Fuel Group (MFG). Both Morrisons…

Bradford-based supermarket giant Morrisons announced that Rami Baitiéh, formerly the chief executive of Carrefour France, has been appointed as its new CEO. Baitiéh will succeed…

Bradford-based supermarket giant Morrisons said its second quarter total sales excluding fuel rose 3.1% to £3.7 billion in the 13 weeks ending April 30, 2023. Morrisons said…

Bradford-based supermarket giant Morrisons said its total revenue rose 3.4% to £4.713 billion in its first quarter — the 13 weeks ending January 29, 2023. Morrisons…

Moody’s Investors Service announced it has downgraded the corporate family rating (CFR) and the probability of default rating (PDR) of Market Holdco 3 Limited, the…

Bradford-based supermarket giant Morrisons said its revenue for the 52 weeks ending October 30, 2022, rose 2.2% to £18.4 billion. Group like-for-like (LFL) sales ex-fuel fell…

Bradford-based supermarket giant Morrisons said it completed a £220 million sale and leaseback transaction with asset manager ICG. The transaction involves seven logistics properties around the…

The UK’s Competition and Markets Authority (CMA) announced that it proposes to accept an offer from Bradford-based supermarket giant Morrisons to sell 28 McColl’s stores…

Bradford-based supermarket giant Morrisons announced on Wednesday its third-quarter adjusted EBITDA fell to £177 million from £356 million last year “reflecting a number of temporary and…

The UK’s Competition and Markets Authority (CMA) said on Wednesday it has started investigating if Bradford-based supermarket giant Morrisons’ acquisition of certain assets of convenience store…

Bury-based FTSE 100 retailer JD Sports Fashion plc announced on Friday it hired former Morrisons chair Andy Higginson as chair of JD Sports, effective July 11,…

Bradford-based supermarket giant Morrisons announced on Wednesday its like-for-like sales fell 6.4% in its second quarter but improved towards the end of the period. Nonetheless, revenue…

Bradford-based supermarket giant Morrisons announced it will pay its 80,000 store and manufacturing workers a minimum of £10.20 an hour — a minimum 2% increase…

By Mark McSherry US private equity firm Clayton, Dubilier & Rice’s £7 billion takeover of Bradford-based supermarket giant Morrisons has cleared its final regulatory hurdle….

Administrators PriceWaterhouseCoopers (PwC) announced on Monday that it completed a sale of McColl’s Retail Group plc to Alliance Property Holdings Limited, part of the Bradford-based Morrisons…

The UK’s Competition and Markets Authority (CMA) has announced it “proposes to accept” an offer from supermarket group Morrisons’ new private equity owner, Clayton, Dubilier…

Leeds-based Asda and Bradford-based Morrisons said on Monday that they would cut the prices of essential items amid soaring inflation and slumping UK consumer confidence….

Bradford-based supermarket giant Morrisons has warned that its sales and core profit for the year could be hit by the war in Ukraine and rising…

The UK’s Competition and Markets Authority (CMA) has told US private equity firm Clayton, Dubilier & Rice (CD&R) it must address CMA concerns that its £7.1…

The UK’s Competition and Markets Authority (CMA) has formally opened an investigation into whether the £7 billion cash purchase of Bradford-based supermarket giant Morrisons by US…

US private equity group Clayton, Dubilier & Rice (CD&R) has delayed plans to raise £6.6 billion in debt to finance its agreed buyout of Bradford-based…

Bradford-based supermarket giant Morrisons has announced it will become the first supermarket to own its own recycling operations through the acquisition of a significant stake…

The UK’s Competition and Markets Authority (CMA) said on Friday it has opened an investigation into the £7 billion cash purchase of Bradford-based supermarket giant Morrisons by…

Shareholders of Bradford-based supermarket giant Morrisons on Tuesday approved a roughly £7 billion cash takeover offer from US private equity firm Clayton, Dubilier & Rice (CD&R). Morrisons…

US private equity firm Clayton, Dubilier & Rice (CD&R) has won the auction for Bradford-based supermarket giant Morrisons with a bid of roughly £7 billion. Including…

The £7 billion takeover battle for Bradford-based supermarket giant Morrisons between US private equity groups Clayton, Dubilier & Rice (CD&R) and Fortress Investment Group will…

Morrisons bidder Clayton Dubilier & Rice has reached agreement “in principle” with the pension trustees of the Bradford-based supermarket giant to provide “additional security and…

Takeover target Morrisons said on Thursday its first-half revenue including fuel rose 3.7% to £9.05 billion — but profit before tax and exceptional fell 37.1% to…

The £7 billion takeover battle for Bradford-based supermarket giant Morrisons between two US private equity groups looks set to be decided by the rarely used…

A takeover of Bradford-based supermarket giant Morrisons by either of its two potential buyers would “materially weaken” the security of the company’s £5.5 billion pension…

Bradford-based supermarket giant Morrisons has agreed a takeover offer worth £7 billion from US private equity group Clayton, Dubilier & Rice (CD&R). The Morrisons board…

The UK Takeover Panel said on Monday it has extended the deadline for US private equity group Clayton, Dubilier & Rice (CD&R) to consider a…

The consortium led by Fortress Investment Group has raised its agreed bid for Bradford-based supermarket giant Morrisons by £400 million to £6.7 billion — with its…

Fortress Investment Group said on Friday the UK’s Competition and Markets Authority (CMA) has not opened an inquiry into the group’s consortium-backed £6.3 billion agreed…

Cambourne Life Investment, an investment vehicle of Singapore’s sovereign wealth fund GIC, has joined the consortium led by Fortress Investment Group which has agreed a £6.3…

US private equity firm Apollo Global Management said on Tuesday it is in preliminary talks to join the consortium led by Fortress Investment Group which…

Shares of Bradford-based supermarket giant Morrisons rose another 11% on Monday to around £2.67 amid news that a third takeover approach from the private equity…

The board of Morrisons said on Saturday it has agreed to a takeover offer from a trio of investors led by Fortress Investment Group which values…

JO Hambro Capital Management, a top 10 shareholder in Bradford-based supermarket giant Morrisons, has called on US private equity firm Clayton, Dubilier & Rice (CD&R) to…

Shares of Bradford-based supermarket giant Morrisons soared more than 30% to around £2.35 on Monday following the news at the weekend that it rejected a proposed £5.5…

Bradford-based supermarket giant Morrisons has rejected a proposed £5.5 billion cash offer from U.S. private equity firm Clayton, Dubilier & Rice (CD&R), saying it is far…

More than 70% of shareholders at the AGM of Bradford-based supermarket giant Morrisons on Thursday voted against the company’s directors’ remuneration report. Morrisons called the vote…

Bradford-based supermarket giant Morrisons on Tuesday gave a strong hint of cash returns to shareholders as it announced it intends to “refresh” its long-term capital allocation plans…

Bradford-based supermarket giant Morrisons said on Thursday its revenue edged 0.4% higher to £17.6 billion in the 52 weeks to January 31, 2021, and profit before tax…

Morrisons has pledged to be the first UK supermarket to be completely supplied by net zero carbon British farms by 2030, five years ahead of…

Bradford-based supermarket giant Morrisons announced it has acquired Falfish, a family-owned wholesaler of sustainably sourced seafood based in Cornwall. Falfish has been a supplier of fish…

Bradford-based supermarket giant Morrisons said on Tuesday its like-for-like sales for the first 22 weeks of its second half to January 3 were up 8.1%. “Shopping patterns…

Bradford-based supermarket giant Morrisons said late on Wednesday it will follow rival Tesco in paying back to government the business rates relief it received to help…

Bradford-based supermarket giant Morrisons has become the first major UK retail chain to reintroduce restrictions on purchases of key items after the UK government imposed new measures…

Shares of Bradford-based supermarket giant Morrisons fell about 4% on Thursday after it said revenue slipped 1.1% to £8.73 billion in the half year to August…

Bradford-based supermarket giant Morrisons said on Wednesday it is doubling the number of fully-qualified, expert florists employed in its stores to 300 this Autumn. Morrisons said…

Bradford-based supermarket giant Morrisons said on Thursday that all of its offers submitted to students looking to join their degree apprenticeships this year are guaranteed —…

Warrington-based Eddie Stobart, now a subsidiary of GreenWhiteStar Acquisitions Limited (GWSA), said on Friday it has been appointed by Wm Morrison Supermarkets plc to provide…

Amazon and Bradford-based Morrisons announced on Wednesday that customers will now be able to do their full Morrisons food shop on Amazon.co.uk and get free…

Bradford-based supermarket giant Morrisons said almost 35% of votes cast at its AGM on Thursday opposed the company’s remuneration policy.  Investor advisory group ISS had recommended…

Bradford-based supermarket giant Morrisons on Tuesday reported a 5.7% rise in group like-for-like sales in its latest quarter and said its online shopping business was expanding…

Bradford-based supermarket giant Morrisons said it will thank its staff for their efforts during the coronavirus crisis with a “threefold increase in bonus for next 12…

Bradford-based supermarket giant Morrisons on Wednesday won a UK Supreme Court victory which brings to an end a fight for compensation by thousands of its staff…

Shares of Bradford-based supermarket giant Morrisons rose about 11% on Wednesday after it published results for the 52 weeks to February 2, 2020, showing profit before…

Bradford-based supermarket giant Morrisons said on Tuesday it will implement “a number of measures to support colleagues and customers” during the Coronavirus outbreak — including the…

Bradford-based supermarket giant Morrisons said on Friday it will make immediate payments to its smaller suppliers to help them with cash flow during the ongoing coronavirus pandemic. “The…

Bradford-based supermarket giant Morrisons said on Wednesdays it has become “the first major supermarket to sell only free range eggs.” The company said: “Morrisons originally committed…

Bradford-based supermarket giant Morrisons plans to cut 3,000 management jobs as part of a workforce restructuring that will see 7,000 store jobs created, it said on Thursday….

Bradford-based supermarket giant Morrisons said on Tuesday its group like-for-like (LFL) sales excluding fuel were down 1.7% for the 22 weeks to January 5 — but it…

Bradford-based supermarket giant Morrisons on Wednesday promoted finance chief Trevor Strain to the role of chief operating officer, putting him in pole position to eventually take…