Morrison (wm) Supermarkets Share Discussion Threads

[muffinhead] 13/5/2021 09:23

Growing new British brands with Morrisons hTtps://twitter.com/Morrisons/status/1392755387728728064?s=20

[1tx] 12/5/2021 13:03

Interesting comments from loganair re Russian "Mere" discount store;I'll avoid touching the door handles in the Salisbury branch in case I get an unexpected offer!Actually it sounds rather like the original Aldi format before it moved more up market which were OK but had a rather confusing range of products which were cheap but perhaps not quite the ones you wanted to buy and had a dire fresh food & frozen meat offer.I prefer the new Aldi.The UK market is very competitive,yes a few cheap sites may be available in a weaker retail market but perhaps not in the best locations.I doubt if more than a few percent savings can be made no matter how much you "pile it high" and cut corners.On the subject of MRW I am probably talking my own book having recently bought shares;but I feel even after the recent few pence rise it offers good value as income investment plus prospects of a modest capital appreciation as it seems undervalued compared to its quoted rivals.

[pjleeds] 11/5/2021 16:32

Thank you for posting that.

[philanderer] 11/5/2021 14:12

Morrisons hails ‘renaissance of the supermarket’ as more people cook at home Grocery chain sees ‘encouraging recent signs of strong rebound of food-to-go, takeaway counters and salad bars’ HTTPS://www.independent.co.uk/news/business/morrisons-sales-supermarket-groceries-lockdown-b1845405.html

[philanderer] 11/5/2021 10:57

MRW the only blue one in my thirty this morning.

[muffinhead] 11/5/2021 10:13

Good positive TS put out but the retail contribution quarter on quarter LFL momentum....big deceleration. Wholesale volume contribution stable "Despite some pressure from commodity and freight inflation, our continued investment in price for customers again led to year-on-year deflation during the period." ... increasing business costs and price cuts needed to attract and retain customers

[albert3591] 09/5/2021 06:30

Logan air...seen any planning permissions anywhere.

[loganair] 08/5/2021 15:36

A supermarket chain dubbed the “Russian Lidl” is opening its first stores in the UK this summer - and claims to be cheaper than any other store. Svetofor, which was founded in Siberia but trades under Mere in Europe, says it costs up to 30 per cent less than other budget shops like Aldi. The Russian chain has 3,200 stores internationally and opened its first European Mere store in 2018. Speaking to trade magazine The Grocer, Pavels Antonovs said Mere prices will undercut even the cheapest supermarkets. “Our model is no service and no marketing.” Each store in the UK will have just 8 staff, counting a director, four cashiers and three delivery workers. Mere stores are expected to double up as warehouses, with images from other sites across Europe showing items displayed on palettes. Suppliers are also expected to deliver straight to the shops, which will each be about 10,000 sq ft.

[philanderer] 08/5/2021 01:09

Q1 trading update on tuesday.

[albert3591] 06/5/2021 14:59

Home delivery orders dropping off.Pickers being laid off,more people using the shops I would imagine.

[philanderer] 05/5/2021 14:15

Supermarket shoppers return to stores as lockdown eases [...]

[philanderer] 05/5/2021 01:28

Morrisons confirms controversial change to every single supermarket starting next week Supermarket giant Morrisons has announced a major change will be rolled out in every single supermarket in the UK next week. Any shoppers who have a Morrisons More card will be affected. Under the current scheme, customers get five points for every £1 spent - with 5,000 points worth a £5 voucher at the supermarket. But this will stop from May 10 - meaning the final day to collect points is May 9 - thanks to a huge overhaul of its loyalty club. Instead of getting points, shoppers will receive digital coupons via its Morrisons More app that can be used for instant savings in stores. The supermarket says these will be personalised, so they should be based on what you usually buy in stores HTTPS://www.manchestereveningnews.co.uk/whats-on/shopping/morrisons-confirms-controversial-change-every-20523861

[philanderer] 04/5/2021 16:12

Morrisons brings back refillable containers at in store counters HTTPS://www.thetelegraphandargus.co.uk/news/19276872.morrisons-brings-back-refillable-containers-store-counters/

[m_kerr] 03/5/2021 21:10

the private equity owners of asda were able to borrow almost £4bn at 3.3% interest to fund their bid. they also sold and leased back the distribution centres for proceeds of £0.95bn. asda has about £9bn of freehold property if the media are to be believed. morrisons has property in the books at £5.8bn, with a much higher %age freehold than asda. now that the space race is over, capital is being used to pay down debt and this is making it more and more likely it will be taken over. there is also a very substantial manufacturing business that could be sold. this is a play on UK property, and even if there is no takeover, i think this is a very low risk 6-7% yielding share with excellent asset backing that is in huge demand from the institutions.

[igoe104] 28/4/2021 16:31

29th October payout for the interim dividend.

[chrisb1103] 28/4/2021 16:25

Cheers billy yes looks like it's ex-div in Sept for a payday in Oct isn't it usually. Appreciate you checking me on that :)

[billy5] 28/4/2021 16:14

Think it is May and October, according to earlier list.

[chrisb1103] 28/4/2021 15:56

First purchase here for me - added a few today for the income portfolio. Divis to come in May and August will be welcome - at least 4% yield at this price

[albert3591] 28/4/2021 15:41

Home delivery orders down at mrw..I don’t know about other supermarkets.

[cbr60000] 28/4/2021 15:28

Anyone got a buy price-target in mind...thinking 1.70 myself

[scotches] 26/4/2021 14:38

Vennells was ordained in the Church of England as a priest in 2006. In the FT story on today's resignations someone in the comments section has wondered about her views on Luke 19.8: ”And‭ Zacchaeus‭ stood‭‭, and said‭‭ unto‭ the Lord‭; Behold‭‭, Lord‭, the half‭ of my‭ goods‭‭ I give‭‭ to the poor‭; and‭ if‭‭ I have taken‭‭ any thing‭ from any man‭ by false accusation‭237;, I restore‭‭; ‭him‭ fourfold‭."

[philanderer] 26/4/2021 11:35

Good riddance to her.