Morrison (wm) Supermarkets Share Discussion Threads

[scotches] 26/11/2020 12:15

MRW is trading strongly with sales figures the best for over a decade. A new store opened today hTTps://www.hartlepoolmail.co.uk/news/crime/tour-new-morrisons-supermarket-dalton-park-it-opens-its-doors-first-time-today-3047543 However how much of the bonus sales are being turned into profit. There are desperate attempts to not be seen to benefit from the pandemic - ie the business rates bonus given to supermarkets despite the fact they continued to trade. We now have 30 different jobs allowed to claim a checkout discount of 10%. hTTps://www.ladbible.com/news/uk-morrisons-offering-10-percent-off-shopping-for-30-different-jobs-20201124 Could these sales be loss making amid all the recent price cuts? At least as M said at 2420 these are all employed customers, a useful group to retain for future trade. However as pointed out earlier how much loyalty is there in supermarket retailing once these discount perks end - horse scandal didn't benefit MRW and SBRY long-term compared to the German worst offenders.

[farrugia] 26/11/2020 10:34

i find it hard to believe MRW is not trading strongly? And the recent director buys makes you wonder.

[philanderer] 24/11/2020 10:38

Morrisons unveils new ‘Market Kitchen’ concept HTTPS://www.theretailbulletin.com/food-and-drink/morrisons-unveils-new-market-kitchen-concept-23-11-2020/

[philanderer] 23/11/2020 14:06

Next partners with Morrisons on collect and returns ‘pods’ HTTPS://www.retail-week.com/fashion/next-partners-with-morrisons-on-collect-and-returns-pods/7036293.article?authent=1

[johnwise] 22/11/2020 07:06

Supermarket brands of honey are 'bulked out with cheap sugar syrups made from rice and corn' Tests conducted on own-brand honeys from Co-op, Tesco, Sainsbury's and Asda Results suggest they've been bulked out with cheap syrups made from rice and corn – without retailers' knowledge https://www.dailymail.co.uk/news/article-8973415/Supermarket-scandal-sees-honey-bulked-cheap-sugar-syrups.html

[sharesoc] 21/11/2020 22:05

If anyone is interested in seeing how another of the Big 4 (Sainsbury’s) see the market developing it might be worth joining a ShareSoc webinar next week when James Collins, Head of Investor Relations will be giving a presentation. You will get the chance to ask him questions about their view of market developments... hTTps://www.sharesoc.org/events/sharesoc-webinar-with-sainsburys-plc-sbry-24-november-2020/

[muffinhead] 20/11/2020 15:10

hTtps://twitter.com/Morrisons/status/1329364840436158465?s=20 To say thank you to the brave men and women of our NHS, armed forces, emergency services and social care sector, we've teamed up with Blue Light Card to offer 10% discount for all card holders. Our existing NHS & Teacher discounts also continue.

[loganair] 20/11/2020 08:56

Aldi ramps up home delivery service with expansion of Deliveroo trial Discount supermarket brand Aldi UK had announced the expansion of a home delivery trial to almost 130 stores across the country. The UK arm of the German supermarket business has confirmed that its ongoing trial with delivery firm Deliveroo is set to be expanded as the demand for home delivery of groceries continues to grow. Aldi UK first started offering online food parcels to support self-isolating and vulnerable customers during the COVID-19 pandemic in April, and a month later began a delivery trial in partnership with Deliveroo. Under the trial, Aldi customers are able to order groceries on the Deliveroo app for same day delivery. The news comes as online grocery shopping has seen a significant uplift as the result of coronavirus, and follows the brand’s extension of its click and collect trial announced last week - which will see click and collect services available in up to 200 additional stores by Christmas. The supermarket commented: “We’re finding customers really value having more ways to shop at Aldi, particularly at the moment.”

[philanderer] 19/11/2020 14:30

And many thanks scotches :-)

[philanderer] 19/11/2020 11:52

Thanks CWA1

[cwa1] 19/11/2020 07:46

Wm Morrison Supermarkets Raised to Buy at Goldman; PT 215 pence

[essentialinvestor] 15/11/2020 00:19

Sunday Times - UK supermarkets under growing pressure to hand back £1.9 Billion in rates relief.

[farrugia] 13/11/2020 09:22

what i don't understand - if this has a partnership with amazon shouldn't it be thriving???

[scotches] 12/11/2020 14:06

The news from the recent SBRY results that they are abandoning counters makes MRW have a significant point of difference with the other main players. Waitrose has announced counter expansion to capitalise on SBRY decision. hTTps://www.thisismoney.co.uk/money/markets/article-8916833/Sainsburys-axing-3-500-jobs-deli-counters-close.html hTTps://www.telegraph.co.uk/food-and-drink/features/wont-mourning-demise-supermarket-deli-counters/ hTTps://www.thegrocer.co.uk/ranging-and-merchandising/do-supermarket-meat-and-fish-counters-have-a-future/602809.article hTTps://www.retailgazette.co.uk/blog/2020/11/waitrose-to-shift-focus-on-food-counters-after-sainsburys-recent-closures/ hTTps://www.groceryinsight.com/blog/2019/01/job-losses-at-tesco/

[philanderer] 11/11/2020 13:54

Supermarkets in fresh drive to extend pre-Christmas Sunday trading hours HTTPS://news.sky.com/story/supermarkets-in-fresh-drive-to-extend-pre-christmas-sunday-trading-hours-12129538

[cwa1] 11/11/2020 10:58

I'm not sure about you guys-but I think the atmosphere in my house might get a tad fraught and frosty if I didn't step in and persuade my spouse not to buy 50Ks worth of a business I worked in IF I thought it was a dud ;-) Hopefully reassuring:- 11 November 2020 Wm Morrison Supermarkets PLC (the "Company") Director/PDMR Shareholding The Company announces that on 9 November 2020, Angela Higginson, being the spouse of Non-Executive Chairman Andrew Higginson, purchased 29,497 ordinary shares of 10 pence each ("Shares") in the Company on the London Stock Exchange at a purchase price per Share of 166.42p. Following the purchase, the total beneficial interest of Andrew Higginson and persons closely associated with him is 126,402 Shares.

[farrugia] 10/11/2020 13:52

why is this company under pressure? don't they have a working agreement with amazon? the stock market should be soaring not trading at distressed levels considering most of their supermarkets are also freehold!!?

[games] 10/11/2020 11:56

hTTps://uk.finance.yahoo.com/news/uk-grocery-sales-6-9-080458594.html Of Britain's "big four" supermarket groups, No. 4 player Morrisons was the best performer with growth of 8% over the 12 weeks to Oct. 31.

[johnwise] 09/11/2020 09:02

VIDEO Moronic Supermarket Rules Ban Partners & Families Can't Be Enforced https://www.youtube.com/watch?v=n_nkULRaong

[scotches] 07/11/2020 10:34

When he was on version 2 I highlighted "Illeism" in March 2016 - see post 1139. The about to depart President suffers from it as does Elmo from Sesame Street. hTTp://www.bbc.co.uk/news/magazine-33943762

[buywell3] 06/11/2020 20:56

buywell is of the opinion that as more and more daily cases of covid-19 occur and deaths ,Joe Public will finally get the message just how nasty this disease is and how easy it is to catch it not just once but twice etc Plus organ damage and strokes and loss of eyesight --- all happening Why any people go to shops to buy food beats buywell as they are putting themselves at risk Also buying any fresh produce in open displays ie not covered buywell would think deliveries of cans and sealed pre-packed products would best minimise risk As would growing fresh vegetables in your own garden ie dig up the lawn

[albert3591] 06/11/2020 10:51

Tesco have been up and running with home delivery,I would say they are the no1 at it.Their click and collect is very professional,Morrison’s just a collect out of a van somewhere in their car parks,very amateur,I want to know how much Morrison’s start up costs are for home delivery.It must be huge.

[scotches] 06/11/2020 09:06

>>>Has any other UK supermarkets said online and delivery is profitable? hTTps://www.ft.com/content/b4b6baa4-dc57-4819-89de-4dcf22b08dbd "Morrisons profits fall 25% on coronavirus pandemic costs" put headline in google to view article. "He (Potts) also highlighted the growth in online shopping and said it was a profitable business line for the group. Morrisons has doubled online volumes and capacity has increased fivefold, partly thanks to tie-ups with Deliveroo and Amazon and new services such as grocery delivery boxes." However a July article by the same author quotes Dave Lewis and puts doubt on the idea that mkt leader Tesco (or any other firm) was actually making money from online. Again it's the issue of unrealistically low delivery prices. hTTps://www.ft.com/content/b985249c-1ca1-41a8-96b5-0adcc889d57d "Why supermarkets are struggling to profit from the online grocery boom" "Dave Lewis, the outgoing chief executive of UK market leader Tesco, acknowledges that online operations have at best broken even in the past, but aims to change that with greater efficiency and more realistic pricing. “There is definitely an opportunity to be more commercially oriented in the way that we put delivery prices together,” he told investors recently. “Do I see a situation into the future where pricing becomes more rational? Yes.”

[buywell3] 05/11/2020 19:17

What about Nurses ? Morrisons announces 10% discount scheme for teachers