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

WHAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I wont be shopping at Morrisons anymore.

It's a corker eh gf?

Have you two got access to the Grocer?

No.

In that case how can you both make comment if you have not read the content?

Stan.

The article was open yesterday, and I read the content.

A short filler type article, little info available as to where and when, or the thinking behind it.


They are probably regretting it already, hence the article is now closed.

Oh right, thanks Max.

More on the Morrisons ... cat out of the bag stuff, nicked from afn courtesy of Johnwise.




"This morning I have found out from one of our Members that some MORRISONS Branches are selling LAMB Meat Code 6057"

This 6057 Meat Code means that the meat is from Randall Parker Foods, Andover… A HALAL CERTIFIED SLAUGHTERHOUSE & CUTTING PLANT!

WHY are Morrisons selling meat from a Halal Slaughterhouse & a Halal Cutting Plant???

http://www.boycotthalal.com/two-causes-for-concern-regarding-morrisons/

Little cheer for Morrisons as Tesco slows sales slump

http://www.proactiveinvestors.co.uk/companies/news/75466/little-cheer-for-morrisons-as-tesco-slows-sales-slump-75466.html

Trading statement 08 Jan 15 Morrison (Wm) Supermarkets PLC [MRW]

why not sell halal meat?

Interesting to see how their price match with Aldi and the likes is going. Interesting to see how this will be maintained. :-)) Could just become a very costly exercise for Morrisons.

Morrissons in the firing line: Dramatic slump in Christmas sales to heap further pressure on grocer's boss Dalton Philips




http://www.thisismoney.co.uk/money/markets/article-2903965/Morrissons-firing-line-Dramatic-slump-Christmas-sales-heap-pressure-grocer-s-boss-Dalton-Philips.html

Morrisons set for revival despite a lean Christmas

SUPERMARKET giant Morrisons is expected to report lacklustre Christmas trading figures this week.


The big four supermarkets are being threatened by discount giants Lidl and Aldi

http://www.express.co.uk/finance/city/551283/Morrisons-revival-despite-lean-Christmas

Lidl has Christmas cracker with year-on-year sales rising by more than 20 per cent

LIDL has notched up its most successful Christmas on record, with year-on-year sales rising by more than 20 per cent.


http://www.express.co.uk/finance/city/550106/Lidl-s-Christmas-sales-best-on-record-with-year-on-year-sales-rising

Christmas Trading Statement

Improving performance in a very competitive market

Morrisons sales trends improved over the Christmas period as we continued to make progress in all components of the trading strategy we laid out last March. Like-for-like (LFL) sales improved on recent quarters. We grew volume market share in Food* through better pricing and execution, which has helped us deliver further improvements in our operational KPIs.

In the six weeks to 4 January, total sales** excluding fuel were down by 1.3% and LFL sales**excluding fuel down were down 3.1%. After passing on the benefit of lower oil prices to our customers, total sales including fuel were down 3.6% and LFL sales including fuel were down 5.2%. Online contributed 1.0% to LFL during the period.

On operational KPIs, Items per Basket improved from -2.4% year-on-year in Q3 to -0.2%, and Number of Transactions from -3.3% to -1.7%. Black Friday impacted the start of the reporting period, but we were encouraged that LFL and volume performance was stronger in the last four weeks, the key trading weeks for Food.

It was the first Christmas for Match & More, online and many M locals:

· Match & More launched well, sign-up is ahead of our expectations, and customer feedback has been excellent;

· Our online business achieved industry-leading customer service metrics. Even during the busy pre-Christmas week, on time delivery was 97.5% and product substitutions were just 1.4%. Last weekend, we delivered our one millionth order on our first anniversary of launch;

· We served almost double the number of customers in our growing convenience store business this year, and a total of 5 million during the six weeks.

We have opened 17 M local stores so far during the fourth quarter, bringing the total to 46 new stores year-to-date.

In addition to this operational progress, we remain committed to rigorous and optimal capital discipline. We continually review the performance of all stores. Today we are announcing the proposed closure of 10 loss making stores during 2015.

Morrisons financial position remains strong. For 2014/15, we expect property disposal proceeds of £400m-£500m and year-end net debt of £2.3bn-£2.4bn, in line with guidance.


Chief Executive Officer, Dalton Philips, said:

"I would like to thank colleagues for delivering a stronger Christmas proposition for our customers. Our like-for-like sales were a step-up on recent quarters and trends in the key operational measures continued to improve. Our three-year cost saving and cash flow targets remain on track. Although there is still much to do, we are building the platform to enable us to compete better in an industry that we expect to be highly competitive in the year ahead."

Outlook

We continue to expect 2014/15 underlying profit before tax to be in the range £335m-£365m, after £65m of new business development costs and £70m of one-off costs.

* Nielsen five weeks to 28th December
** For supermarkets, online and convenience stores, reported exc. VAT and in accordance with IFRIC 13.

more...

Board Changes

The motley fool -


By G A Chester - Monday, 19 January, 2015



The new year is barely underway, but directors at WM Morrison Supermarkets (LSE: MRW) (NASDAQOTH: MRWSY.US), Boohoo.Com (LSE: BOO) and Utilitywise (LSE: UTW) have already waded into the market to buy shares in their own companies.

At what price did these directors splash the cash, and how much did they invest? Read on!

Morrisons

Andrew Higginson — a former Tesco finance chief and head of retailing services in the Terry Leahy golden era — joined Morrisons last October as Chairman-elect. And he has wasted no time in shaking up the UK’s fourth-largest supermarket.

Alongside Morrison’s recent Christmas trading update, the Board announced the sacking of chief executive Dalton Philips, with Higginson commenting that the company’s development “is best done under new leadership”.

On the same day, Higginson splashed out a cool half-million quid on a maiden purchase of shares, paying a bit over 186p a time. Clearly, the former Tesco man sees value in Morrisons, and it’s perhaps not stretching the imagination too much to think he may have some inkling of who the company’s new CEO might be.

If you want to follow Higginson’s lead, you’ll have to pay a little more for your shares now: they’re 193p, at the time of writing.

you could of course buy into the food retailers index .... and no i haven't

Gone long friday.

The chart looks spiffing.