Morrisons set to axe 3,000 department manager jobs

23rd Jan 2020 13:28

(Sharecast News) - Morrisons is reportedly set to axe 3,000 department managers across its stores as part of a restructuring of shop floor teams.

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Thursday broker round-up

23rd Jan 2020 13:09

(Sharecast News) - Ocado Group: Berenberg upgrades to buy with a target price of 1,635p.

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UK supermarket sales growth slows to four-year low over Christmas - Kantar

7th Jan 2020 09:05

(Sharecast News) - UK supermarket sales growth slowed to the lowest rate in four years over the Christmas period.

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Morrisons Xmas sales fall in 'challenging' conditions

7th Jan 2020 07:02

(Sharecast News) - Supermarket group Morrisons reported a fall in like-for-like sales over the Christmas period in what it described as "unusually challenging" conditions and "continued uncertainty" among customers.

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Tuesday preview: US ISM and Morrisons trading update in focus

6th Jan 2020 16:39

(Sharecast News) - Financial markets' focus on Tuesday will shift towards America's services sector even as investors continue to keep a close and careful eye on the latest developments in the Middle East.

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Analysts bullish on FTSE 250 after Tory win

13th Dec 2019 09:02

(Sharecast News) - Analysts sounded an upbeat note on UK equities on Friday after the Conservative Party won a majority in the general election, highlighting a preference for stocks with domestic exposure.

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Supermarket sales growth slows; Lidl hits record market share - Kantar

10th Dec 2019 09:55

(Sharecast News) - UK supermarket sales growth slowed in the 12 weeks to 1 December as uncertainty about the upcoming general election, a "lacklustre" Black Friday and a wet autumn meant shoppers delayed their Christmas preparations.

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Morrisons promotes Trevor Strain to COO role

4th Dec 2019 07:20

(Sharecast News) - Morrisons appointed Trevor Strain as its new chief operating officer, it said on Wednesday, following six years of service as the chain's finance chief.

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Morrisons sales drop as big four supermarkets lose market share

12th Nov 2019 10:23

(Sharecast News) - Morrisons was the worst performer among the big four supermarkets in the 12 weeks to 3 November, according to data from market research firm Kantar.

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Sainsbury's returns to sales growth - Kantar

15th Oct 2019 09:40

(Sharecast News) - Sainsbury's was the best performer among the big four supermarkets in the 12 weeks to 6 October as it returned to sales growth, according to data from research firm Kantar.

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Monday broker round-up

23rd Sep 2019 11:33

(Sharecast News) - Petra Diamonds: Berenberg upgrades to hold with a target price of 9p.

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Sainsbury's outperforms peers in latest Kantar data

17th Sep 2019 09:26

(Sharecast News) - Sainsbury's was the standout performer among the 'big four' supermarkets in the 12 weeks to 8 September, according to data from research firm Kantar.

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Friday broker round-up

13th Sep 2019 12:49

(Sharecast News) - Britvic: Jefferies upgrades to buy with a target price of 1000p.

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Berenberg nudges price target on 'buy' rated Morrison's higher

13th Sep 2019 11:08

(Sharecast News) - Analysts at Berenberg raised their target price on grocery chain WM Morrison slightly higher on Friday, praising the group's first-half performance.

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Morrisons Q2 sales fall as interims rise 5.3%

12th Sep 2019 07:32

(Sharecast News) - Supermarket retailer Morrisons reported a fall in second quarter like-for-like sales as it posted a 5.3% rise in interim profit on Thursday.

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