Not the most exciting share, but with safeway conversion now complete (and how much better the old safeway stores are now) the shares should start to come back. Already started a nice rise from a recent low. Costs for conversions will still hold the price back but when that is out of the way, should be be nice. 190p

Our nearest Morrisons has an under cover outside area just outside the entrance door and attached to the main building.

This time of year means 'Gardening Products'. ie. Outdoor plants, etc. It opens at 10am and they close it down at 5pm.

The store itself closes at 8pm and so from 5pm to 8pm this gardening area is unstaffed and just sits there unable to be selling anything.

We visited yesterday at about 4:30pm. They were already getting ready to close and found ourselves 5th in line to the temporary outdoor till. Prices were very attractive and plant quality was high and so we bought quite a lot of stuff to plant into patio tubs and similar.

Whilst there, I asked 'We came last week but couldn't buy anything from here. Why on earth does this section closes down at 5pm?'

The answer was, "That 's when we go home and the store doesn't have the staff to keep it open for any later. There is a ban on hiring extra people at the moment. This ban came down from Head Office and the manager is powerless to do anything. So we just have to close. It does seem silly but that's how it is."

Weak management, making daft decisions just has to be the problem with Morrisons, IMHO. The decisions being taken on just this department are not brave and are just lacking common sense.

You're talking bulls**t: Former Morrisons chairman Sir Ken launches astonishing public attack on chief executive at AGM

Sir Ken Morrison, son of founder William, fuming at grocer's performance
Launches broadside at chief executive Dalton Philips at annual meeting

He labels supermarket's recent results as 'disastrous'
Morrisons has fallen behind Sainsbury's, Tesco and Asda in recent years





http://www.dailymail.co.uk/money/news/article-2649765/Sir-Ken-Morrisons-public-attack-Morrisons-chief-executive-Dalton-Philips-meeting.html

Rise of the Lidl classes: Once they were deemed oh so tacky. As Aldi and Lidl are set to overtake Morrisons, ROSE PRINCE explains how they have won over the middle class
Shoppers deserting Sainsbury's, Waitrose and Tesco for Aldi and Lidl
Lidl now has more than 600 shops in the UK, and Aldi more than 500
Both expect to enjoy a turnover of around £7billion this year
Key to success has been winning over middle class shoppers


By Rose Prince

Published: 00:30, 12 July 2014 | Updated: 00:44, 12 July 2014




http://www.dailymail.co.uk/news/article-2689405/Rise-Lidl-classes-Once-deemed-oh-tacky-As-Aldi-Lidl-set-overtake-Morrisons-ROSE-PRINCE-explains-won-middle-class.html

div 7.3 sp down 45% what a great share to buy . could be a bid but the stores are fighting back I now along with all my family shop at mrw . great stores good value
very happy with my holding and will keep adding at this very good sp
have also bought VOD 5.7%

even if they cut it by 50% is still very good .but they will not

Why are they performing so bad then? You're having a laugh.

dream. just buy and trust me . been in STONE . STOKE . WOLVERHAMPTON .
DERBY TODAY WENT IN ALL THOSE MRW IN THESE TOWNS . STONE WAS EXCELLENT AND BUSY . SO I ADDED MOR TODAY FROM IN WEATHERSPONS IN STONE THE POSTIE NICE . HAD LUCH IN THE MRW STORE ALL 6 OF US

I would never dream of shopping in Morrisons, they would be my last preference. Time will tell but to me they are the store under most pressure from the discounters.
Also well behind in developments ie internet shopping.

Why wouldn't you shop in Morrisons dc? Tidy and well presented stores imo, especially the fresh produce. Norwich store is no worse than any of the other majors and is in the centre of the city with car parking and good bus links. I can certainly think of worse places to shop.

Ken Morrison at the most recent agm called the Chief exec's strategy 'Bull shit' and the most recent results 'disastrous'.

Where do I start? They are a store stuck in the 80's with store format and forward management thinking. Full of yellow balloons and yellow stickers and price cuts on items not no1 on the shopping list. (Forced into major price cuts now with Germany calling).Always going to be playing catch up with Tesco and Sainsbury ie Slow on small store purchases and internet shopping and a food delivery service. Again the same as Tesco, the management just sat and watched Lidl and Aldi. They were criticised that what they put in their Northern stores and tried to copy South did not work. Northerners tastes are not the same all round as Southerners and visa versa.


In my opinion - On purchasing Somerfield stores ruined them.

I went to a so called butcher not so long ago in our nearest Morrisons and he did not know the difference between silver side beef and topside. Bucher my arse. lol

And at the end of the day, why are they losing ground the fastest to any rival ?, may just be some of the points above.

ps - toiletries are VERY EXPENSIVE.

With a chart looking very sick like this my thinking must be of the majority of shoppers . Not a lot going for them sadly . Otherwise why has the share price crashed South ?


The German stores will rip (R.I.P Morrisons)them to shreds on price cuts as their overheads are so much lower ie store space in sq mtrs , staff overheads, less staff per store and store suppliers and far less management. They are going down the wrong road, watch for the next figures.




Why do stores just stagnate in the past and not prepared to change or update until they come under question from shareholders etc. Same as Marks just watching next creep up on them and leave them for dust.

dream I have always had good meat from mrw the only down side is some f the scum immigrants that work their lazy people and ignorant people the sooner Dalton goes the better and it is coming he will be gone by sept .
morrisons warehouse is full of lazy immigrants . and the manager flirts with them so can not do is job . I did send a e mail to the company in may about this issue
they have not replied . I no several workers their they have given up .

We occasionally shopped in our local Morrisons, particularly in May and June for plants for the garden (eg, This year 'Begonias for Patio Tubs at Four for £2') and whilst there popped inside for other things.

Our conclusion?

The place had gone to the dogs! There was clear evidence how the management don't seem to be motivated or have the first idea of what to do. There was even lots of litter on the floor near the check outs. It was very sad to see such a massive state of decline.

I have two stores close by they are spotless . its just the lazy employees who can not even speak English when you ask a question they just put up their arms and point to some one else sack them and replace them with people who can speak and understand .

their is gong to be a take over

Got any ideas then, TANKER, as to who might take Morrisons over?

Tesco?
Sainsbury's?
Aldi?
Lidl?
Waitrose?
ASDA?
Americans?
Marks and Spencer?
Co-op Food Group?

WALMART.

ex. I would say they are in the wings now it could be any of 4
but rest assure it is going to happen just when its lost almost 46% of its value
on a loss of 7.7% of customers and are now going back like my self and my family .

God i hope not ,ive seen what they do in America.

GF if you get the chance read The Walmart Effect ,it won business book of the year , very good .

have added 20000 this morning when these jump it will be very quick and it could happen any time . will I get a few more before it happens ?

Can't see Tesco, Sainsbury or Asda (Walmart) getting involved, wouldn't they come up against the competion regulations?
Why not a European company someone like Carrefour, are MRW's margins attractive to them? Or maybe the two German co's wishing to hoist their %age of the market.
2517

They have to reduce the store sizes ie floor space to be able to compete with the German stores. Must get the store overheads down, otherwise they are going to come under huge pressure from Aldi etc.