Morrisons boss Dalton Philips to quit as sales fall
Morrisons boss Dalton Philips is to quit the business, as the retailer announced falling festive sales and the decision to close 10 unprofitable stores.
Archives for January 13, 2015
Greggs is a 2014 star, as supermarkets struggle
Greggs delivered a strong performance in 2014 with its food-to-go format, underlining the strong growth in convenience channels.
Stinging HGV crisis to hit supermarkets
Food firms are set to feel the sting of the worsening road haulage crisis, as industry leaders call for more action to stem the heavy goods vehicle (HGV) driver shortage.
What big firms do wrong when buying small ones
One of the biggest failings that big companies make when they acquire smaller brands is to attempt to “value optimise” and cut costs, according to Green & Black’s co-founder Josephine Fairley.
Quorn talks of fourth fermenter
Consumer demand for Quorn will outstrip the Teesside firm’s supply within a decade, unless it continues to invest to boost capacity.
Analysts' view
Morrisons’ Christmas results ‘disappointing’
Morrisons is the UK’s “most undernourished” supermarket, according to a leading analyst commenting on the retailer’s Christmas trading statement, in which it unveiled the departure of ceo Dalton Philips.