Tesco leads big four as vegan trend boosts sales - Kantar

5th Feb 2019 08:04

(Sharecast News) - Tesco, Asda and Morrisons led the way as sales of fruit and vegetables in supermarkets grew as 'Veganuary' took hold, but Sainsbury's had a dry January even though the sector's alcohol sales fizzed higher.

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Citi upgrades Morrisons on potential gain from Sasda merger

4th Feb 2019 16:06

(Sharecast News) - Morrisons could benefit from the merger of Sainsbury's and Asda, Citi analysts believe, leading them to upgrade their rating on the Bradford-based supermarket group.

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Monday broker round-up

4th Feb 2019 13:29

(Sharecast News) - TUI: Citigroup upgrades to buy with a target price of 1,550p.

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Morrisons to introduce paper bags and ramp up price of plastic ones

28th Jan 2019 08:36

(Sharecast News) - Morrisons is set to introduce paper bags and raise the price on plastic ones in another move to reduce plastic disposable items from its supermarkets.

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Wednesday broker round-up

9th Jan 2019 12:26

(Sharecast News) - Nichols: Numis upgrades to add with a target price of 1,650p.

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Tuesday broker round-up

8th Jan 2019 11:20

(Sharecast News) - Vodafone: RBC Capital Markets downgrades to underperform with a target price of 125p.

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Morrisons slides despite 'trading hard' over Christmas

8th Jan 2019 07:16

(Sharecast News) - Morrisons retail sales growth over the festive period seemed to disappoint investors, despite the grocer beating analyst forecasts and notching up its fourth consecutive Christmas of growth.

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Aldi reports almost £1bn in Christmas sales as Morrisons slashes prices

7th Jan 2019 10:06

(Sharecast News) - Customer demand for the finer things boosted Aldi's sales in the UK over Christmas, with the grocer reporting almost £1bn in sales for December, which it put down to demand for its premium lines.

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Supermarket growth stumbles to slowest since March 2017 - Kantar

11th Dec 2018 08:06

(Sharecast News) - UK supermarkets have plunged into the gloom blanketing the rest of the retail sector, with fresh data on Tuesday showing the slowest growth rate since March 2017.

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Supermarket sector speaks out against Sainsbury's-Asda merger

4th Dec 2018 09:43

(Sharecast News) - Grocers including Tesco, Morrisons, Lidl and Waitrose have warned antitrust regulators that the proposed £12bn merger between Asda and Sainsbury's would severely affect the competition in the supermarket sector.

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Morrisons overhauls board to prepare for 'special projects'

17th Oct 2018 12:42

(Sharecast News) - Supermarket chain Wm Morrison has shaken up its senior management team, including widening the role of chief financial officer to include commercial activities.

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Summer is kind to big supermarkets but Sainsbury's still lags

18th Sep 2018 08:09

(Sharecast News) - Over the summer Sainsbury's enjoyed its best sales this year, though it was still the slowest growing of the big four, where Asda and Morrisons led the pack but still lost ground to the discounters.

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Monday broker round-up

17th Sep 2018 15:10

(Sharecast News) - Sophos: Deutsche Bank downgrades to hold with a target price of 530p.

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Morrisons grows at fastest rate since 2009

13th Sep 2018 07:06

(Sharecast News) - Morrisons declared a bumper special interim dividend after like-for-like sales in the second quarter grew at the fastest rate since 2009 thanks to speedier development of its wholesale deals and other innovative uses of store space.

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