Morrisons to close cafes, hot food counters, florists and pharmacies in a number of its stores, as well as shut 17 standalone ...
But Morrisons said in September that its market share had “stabilised” thanks to measures such as investing in its prices, which was helping it in the face of stiff competition from Aldi and Lidl.
launched a “war chest” to cut prices. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “Morrisons is on the defensive and is closing services seen as nice-to-have ...
Morrisons might also want to consider stopping its share buy-back. In the last year it has spent £491m on buying 168 million shares at an average price of 292p. It plans to spend a further £500m ...
Morrisons has introduced a £5 ... accounting for approximately 90% market share. Despite these issues, the CMA has not endorsed a price cap, although it was a consideration last year.
Morrisons has hiked the prices of its cafe menu ahead of major plans to shut 52 supermarket cafe branches. According to reports, prices at the supermarket's cafe have increased by 6.25% ...
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