dreamcatcher
- 12 Jul 2014 08:25
- 394 of 508
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
TANKER
- 18 Jul 2014 09:09
- 395 of 508
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
dreamcatcher
- 18 Jul 2014 15:47
- 396 of 508
Why are they performing so bad then? You're having a laugh.
TANKER
- 18 Jul 2014 18:59
- 397 of 508
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
dreamcatcher
- 18 Jul 2014 19:40
- 398 of 508
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.
HARRYCAT
- 19 Jul 2014 20:47
- 399 of 508
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.
dreamcatcher
- 19 Jul 2014 22:05
- 400 of 508
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.
TANKER
- 21 Jul 2014 10:22
- 401 of 508
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 .
TANKER
- 21 Jul 2014 11:46
- 403 of 508
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 .
TANKER
- 21 Jul 2014 12:25
- 404 of 508
their is gong to be a take over
goldfinger
- 21 Jul 2014 15:35
- 406 of 508
WALMART.
TANKER
- 21 Jul 2014 15:43
- 407 of 508
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 .
jimmy b
- 21 Jul 2014 15:45
- 408 of 508
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 .
TANKER
- 21 Jul 2014 15:54
- 409 of 508
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 ?
2517GEORGE
- 21 Jul 2014 16:03
- 410 of 508
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
dreamcatcher
- 21 Jul 2014 16:28
- 411 of 508
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.
goldfinger
- 21 Jul 2014 17:03
- 412 of 508
dreamcatcher
- 22 Jul 2014 17:34
- 413 of 508
Bosses of Morrisons and Marks & Spencer under increasing pressure after Philip Clarke quits Tesco
By Rupert Steiner
Published: 22:01, 21 July 2014 | Updated: 07:50, 22 July 2014
Under pressure: The positions of Dalton Philips at Morrisons and Marc Bolland (pictured) at M&S, have been seen as vulnerable given the poor performances of their businesses
The bosses of Morrisons and Marks & Spencer were under increasing pressure last night following the departure of Philip Clarke as chief executive of Tesco.
The positions of Dalton Philips, the chief executive of Morrisons, and Marc Bolland, head of M&S, have been seen, along with Clarke, as vulnerable given the poor performances of their businesses.
One City expert said: ‘After the Tesco decision, if Morrisons doesn’t deliver in trading then Dalton is next in line – and I don’t think Marc is a million miles behind.
‘Sainsbury’s has just had a change and Andy Clarke is doing well as Asda smelt the coffee that customers wanted straight forward pricing 18 months ago.’
Tesco announced that Clarke would be replaced in October by turnaround specialist David Lewis, who is president of the personal care business for Unilever.
Clarke will leave with a year’s salary, shares and pension pot worth a total of around £21m.
Tesco was left yesterday with another profit warning, its second in two years.
Read more: http://www.dailymail.co.uk/money/markets/article-2700353/Morrisons-M-S-bosses-pressure-Philip-Clarke-quits-Tesco.html#ixzz38DRO1qWT
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