Share Name Share Symbol Market Type Share ISIN Share Description
Morrison (wm) Supermarkets Plc LSE:MRW London Ordinary Share GB0006043169 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.95 -1.56% 186.00 185.35 185.55 192.35 184.60 189.75 10,683,118 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,536.0 435.0 14.6 12.7 4,473

Morrison (wm) Supermarkets Share Discussion Threads

Showing 10451 to 10470 of 10550 messages
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looking at morrision to buy, tesco got world wide exposure to virus, sbry got argos stores this is only supermarket play any thoughts?
"The supermarket sector has swiftly switched from being one of price competition and declining margins, to the haven sector which appears bulletproof as the UK restricts movement." "While a France-style shutdown would likely hit UK markets given the economic implications, traders will no doubt be looking for the benefactors given that pharmacies and supermarkets will remain open and in high demand." hTTps://
web site crashed...Occado closed theirs to rejig
15:45 We note the UK Government's announcement yesterday "giving all retail, hospitality and leisure businesses in England a 100% business rates holiday for the next 12 months". We are currently awaiting further details regarding the implementation of this policy and are assessing its potential impact. Morrisons paid business rates in the UK of GBP308m for our 2019/20 financial year, of which c.GBP290m related to stores.
Supermarkets and funeral directors the only winners in this chaos
chinese investor
Good Start !
chinese investor
Big move up today with no business rates to pay for 12 months and decent results announced.
Valid point albert but I'd wager the other supermarkets are at best the same. Same as, sadly, many other employers. There is no doubt that even during full on containment there will be some sick people 'at large' so care is still needed. I cannot to be honest see it as a significant black mark on Morrisons.
MORRISONS has set out a number of measures to support colleagues and customers during the Coronavirus outbreak. As a British family business, Morrisons says it will do its bit during the emergency and will protect and help colleagues and expand home delivery to many more households at a time of national need. In doing so, Morrisons will create an extra 3,500 jobs. These measures follow on from Morrisons' announcement last week that it would be implementing immediate payments for its smaller suppliers, supporting their cashflow during this very difficult time for the British economy. The key elements of the plan are: ● Colleague hardship fund - to support colleagues who are in financial difficulty as a result of the Coronavirus outbreak we will create a colleague hardship fund. Colleagues will be able to apply for funds if they experience a financial setback and are struggling to make ends meet. ● Helping colleagues - Morrisons colleagues are very highly valued and the company is introducing the following measures if they are affected: ○ Those who are sick with the Coronavirus will receive sick pay whether or not they would normally be eligible. ○ Colleagues who are affected either because of self isolation, or by playing their part in looking after close family members or the vulnerable in their local community, will also be eligible for sick pay, alternative shifts or holiday. ● Protecting colleagues - Morrisons will protect highly valued colleagues by: ○ Asking customers at the checkout to pay, if possible, by card or smartphone to reduce cash handling. ○ Issuing hand sanitiser to checkouts at all stores and significantly increasing cleaning on places that colleagues and customers touch. ○ Redeploying colleagues who are vulnerable to the virus, where possible. ● Expanding home delivery - Morrisons is to introduce new ways of delivering groceries and more slots for customers, which will also help vulnerable people and those affected by the virus. New measures include: ○ Launching a new range of simple-to-order food parcels, including options for vegetarians, from March 23. ○ Making more delivery slots available to customers both through and the Morrisons Store on Amazon Prime Now. Morrisons will use 100 further stores to pick customers’ shopping over the coming weeks. ○ Launching a customer call centre for orders to be taken over the phone so that people who do not shop online can still order food. ○ To support the roll-out of these expanded home delivery methods, Morrisons will be recruiting around 2,500 pickers and drivers. ● New Jobs - The outbreak of coronavirus will affect businesses across the UK and Morrisons will be offering jobs to people that are impacted. In addition to around 2,500 pickers and drivers to expand home delivery, Morrisons will be recruiting around 1,000 people to work in the company’s distribution centres. The vacancies will be advertised through a campaign on radio and social media and the Morrisons jobs website David Potts, Chief Executive of Morrisons, said: “We expect the days, weeks and months ahead to be very testing and we are determined to do our bit. These measures will support our very hard-working colleagues, enable us to provide more food to more people in their homes and create opportunities for people whose jobs are affected by the coronavirus.”
Spoke to Morrison’s employee today,he said Morrison’s will only pay ssp if staff self isolate.I don’t think I will use Morrison’s in that case.Maybe some staff may go to work when they are sick,I don’t want them serving me when they should be at home.
Morrisons has defensive merits in tough times, says Jefferies Jefferies is taking note of the ‘defensive merits’ of Morrisons (MRW) as coronavirus takes hold of the UK. Analyst James Grzinic reiterated his ‘buy’ recommendation and target price of 245p on the shares, which fell 4% to 164.2p yesterday. ‘We have recently noted the defensive merits of Morrisons ahead of the 18 March finals,’ he said. These merits include distributions of around 35p in the past three years, ‘considerable self-help, with much potential left in the future allowing Morrison to defend margins in the face of top-line challenges, and limited exposure to non-food and therefore a fall in UK discretionary spending. ‘It is true that a more limited food online reach is a disadvantage relative to peers but we believe amply offset by overall free cashflow visibility and remarkable balance sheet strength,’ said Grzinic. hTTps://
David Potts, chief executive of Morrisons, said in a statement: "We are Britain's biggest single foodmaker... This has been said before, maybe it's a bit tenuous with runners-up always potentially able to take over top spot but I like hearing it.
Https:// Coronavirus: Morrisons to pay small suppliers immediately
Well that LOOKS a wrong 'un :-)
"We have invoked a full technology change freeze starting today, due to the business impact of the coronavirus news (increased volume of sales)," the message from management stated. One person familiar with the matter claimed the "throughput of goods is in excess of the usual Christmas peak". Pallet deliveries have doubled in some cases, they added. Morrisons puts non-essential tech changes on ice as panic-stricken shoppers strip stores Https://
Morrison’s are on a downward spiral,some time soon a bid will be made for them.Then lower %age profit stores will be hived off.
My Morrison's was sold out of strong white bread-making flour/yeast/part-baked bread rolls. This was late in the day mind. Am waiting for the UHT milk to disappear too ;0)
My local Morrison's today has a sign at the entrance saying they are hiring. Never seen that before...and I didn't see it last night when I was there.
I’m hearing staff who found out Monday they were losing their jobs walked out and haven’t come back,getting interesting.have they pushed them to far this time?
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