Morrisons

One of the leading supermarket giant Morrisons announced that Mark Gunter, group retail director, has notified the board of his intention to retire in June 2012. Gunter will start a progressive handover of his responsibilities to Mark Harrison...

UK-based supermarket chain Morrisons has entered into an agreement with Asda to acquire 120,000 sq.ft of additional selling space through the purchase of 16 former Netto UK stores at a cost of £28.1 million. Obtaining the stores is conditional...

Morrisons has announced four senior management appointments, three to newly created roles and one internal promotion. The move strengthens the strategic and commercial capabilities of the senior team.Belinda Youngs is appointed to the role of own brand director. She...

Sir Stuart Rose has formally left Marks & Spencer after six eventful years.The 61-year-old has had an eventful leadership, attracting both praise and criticism since he joined the retailer in 2004.Former City banker Robert Swannell, who was a lead...

UK’s leading food retailer Morrisons has inked a deal with Bengaluru-based IT major, Wipro Technologies to develop its existing IT systems. Wipro Retail, the specialist division of Wipro Technologies, will support to achieve the core objective of delivering effective planning,...

Supermarkets including Asda, Morrisons and Sainsbury's have decided to retail petrol at lower prices, after wholesale gasoline prices dropped 6 per cent since mid-July. Asda will cut the price of unleaded petrol and diesel by 3p a litre and Morrisons...

The UK-based Co-operative Group has planned a complete takeover of its rival chain Somerfield. The deal is estimated to be pegged at around £1.6 billion. The Somerfield deal will take Co-op's portfolio to more than 3,100 supermarkets and convenience stores....

The UK grocery market is “more competitive than ever,” says a study by retail analysts Verdict Consulting, ahead of the publication of a UK government probe into the sector. The UK Competition Commission is set to publish its findings amid...