Monday, 22 October, 2018

Morrisons continues turnaround with strong Christmas sales

Syndicate Post image Morrisons continues turnaround with strong Christmas sales
Orlando Vargas | 09 January, 2018, 12:39

Last week Aldi announced that total United Kingdom sales were more than 15% higher during December compared to the same month in 2016, pushing them over the £10 billion barrier for the first time.

The introduction of store picking has meant Morrisons.com can expand beyond the areas reachable from the fulfilment centres operated by its technology and logistics supplier Ocado [IRDX ROCA].

"Overall supermarket sales increased in value by 3.8 percent, with an additional 1 billion pounds ($1.35 billion) ringing through the tills compared to the same festive period past year", said Fraser McKevitt, Kantar Worldpanel's head of retail and consumer insight. It also said that wholesale growth was strong, helped by supplying some tobacco products to the retailer's new partner, McColl's, earlier than initially planned.

Retail contributed 2.1% to the retailer's sales performance over the ten-week period, while wholesale sales were up 0.7%.

The chain sold 2.8% more in the 10 weeks to 7 January than it did for the same period a year earlier, not including new store openings.

David Potts, chief executive of Morrisons, said: "More and more customers found more things they wanted to buy at competitive prices at Morrisons this Christmas".

Morrisons continues turnaround with strong Christmas sales

Its grocery delivery service, "Food to Order", which is available in store and online, achieved a 50% jump in sales.

Morrisons has begun supplying McColl's with a range of own-label items made in its own factories and pack houses under the Safeway brand, which Morrisons owns.

Asda, owned by Walmart, increased sales by 2.2 percent in the period to December 31, while 2.1 percent more came through the tills at Morrisons and Sainsbury's was up 2.0 percent, the research group said.

"Our plans to become a broader and stronger business are progressing well, with another period of positive like-for-like sales and the start of the rolling programme to supply McColl's".

"We again worked hard to improve the shopping trip and serve customers better, ' the retailer said in a statement. Both stores and ecommerce channels delivered good growth with the increasing awareness and popularity of the brand".

Girl Scout cookie sales beginning soon
The Girl Scouts were able to play games together, learn about money management and of course sample their favorite cookies. So, with the new year in full swing, I'm sure you too are wondering when Girl Scout Cookies come out in 2018 .


U.S. weighs Pakistani blowback as it piles pressure
It was clear that the U.S. state department had not even decided on the exact quantum of aid that would be cut before it went public.


North Korea to Send Delegation to Olympics
Foreign ministry spokesman Roh Kyu-deok said Seoul would consider whether it needed to take "prior steps", together with the U.N. Hundreds of young, female North Korean cheerleaders have created a buzz at three previous global sporting events in the South.


Recommended

Hodgson praises VAR despite FA Cup exit Hodgson praises VAR despite FA Cup exit The English tactician is, however, confident that the former Wolverhampton Wanderers player has proven that he deserved a starting place in the squad.

Facing pressure, Trump administration backs off proposed 'draconian' H-1B visa rules Facing pressure, Trump administration backs off proposed 'draconian' H-1B visa rules Reportedly, this reversal took place keeping in consideration the harsh reaction from the business community. An estimated 70 per cent of these visas go to Indians - hired mostly by IT companies.

Del Toro wins Best Director for Motion Picture — Golden Globes Del Toro wins Best Director for Motion Picture — Golden Globes He thanked the Hollywood Foreign Press on behalf of himself and his monsters, nothing that the award was 25 years in the making. Guillermo del Toro may be a Golden Globe victor , but he's not letting the attention get to his head.

Why Stars Wore Black to the 2018 Golden Globes Why Stars Wore Black to the 2018 Golden Globes Pins can also be pre-ordered on the Time's Up website for $12, the proceeds of which go to the Time's Up Legal Defense Fund. Find out who did not wear black on the red carpet at the Golden Globes by clicking through the gallery...

Burning oil tanker off China's coast in danger of exploding Burning oil tanker off China's coast in danger of exploding The Iranian tanker, Sanchi , is ablaze and leaking oil after colliding with the Hong Kong-registered vessel CF Crystal . That's equivalent to just under 1 million barrels worth around $60 million based on current global crude oil prices.

Intel CEO praises tech industry response to chip flaws Intel CEO praises tech industry response to chip flaws Krzanich, who reduced his holdings by about 50 percent, "continues to hold shares in line with corporate guidelines", Intel said. Especially, since the patches could perhaps affect the battery life or overall performance of the device in question.

Samsung Galaxy On7 Prime announced, gets listed on Amazon with specifications Samsung Galaxy On7 Prime announced, gets listed on Amazon with specifications It is the first Samsung phone to come with dual front-facing cameras that include a 16-megapixel sensor and an 8-megapixel sensor. The smartphones, replacing the Galaxy A5 (2017) and A7 (2015) devices, were earlier reported to be Amazon exclusive devices .

Playing national anthem in cinema halls not mandatory: SC Playing national anthem in cinema halls not mandatory: SC The initial order, issued in November 2016, said all those present in theatres must "stand up in respect" till the anthem ended. The SC accepted the suggestion of the Centre and said that playing the National Anthem would be henceforth optional.

Monaco won't sell Lemar in January, says Jardim Monaco won't sell Lemar in January, says Jardim But Jardim admits a big offer this month could mean Lemar makes a move to the Premier League before the current campaign is over. According to reports , it looks like Liverpool are unlikely to bid for Monaco star Thomas Lemar this month.

Apple releases new iPhone and Mac updates to help protect against Spectre Apple releases new iPhone and Mac updates to help protect against Spectre During the announcement, Intel unveiled the advancements made in the field of neuromorphic research. The company told CNNMoney the stock sale was not related to the security issues.

Dylan Farrow Hopes #TimesUp Movement Won't Spare Woody Allen Dylan Farrow Hopes #TimesUp Movement Won't Spare Woody Allen At best, Woody Allen could be creepily obsessed by children; at worst, he's a sexual predator who has been given a free pass in Hollywood for decades.

Brisbane International: Kyrgios blasts his way into finals Brisbane International: Kyrgios blasts his way into finals Having proved too good over three sets at Pat Rafter Arena, Kyrgios says he is ready to embrace the grind of a grand slam. That's kind of the gist with tendons, as I've been told.

Kendall Jenner responds to taunts about her Golden Globes 'acne' Kendall Jenner responds to taunts about her Golden Globes 'acne' Earlier this month she tweeted about the campaign and encouraged fans to donate to the Time'sUp legal defense fund. Join me! Sign the statement of solidarity & donate to the @ TIMESUPNW Legal Defense Fund: "http://timesupnow.com".

Man calls police to report himself for drink driving Man calls police to report himself for drink driving He also said he hadn't slept in the past four days. "Driving while under the influence of alcohol or drugs is a serious crime". Polk County Sheriff's Office Facebook page read: 'On New Year's Eve, Michael chose to call in a drunk driver.

Donald Trump to undergo medical check up Donald Trump to undergo medical check up George W Bush would often arrive at the Oval Office before 7am, while Barack Obama would arrive at 9am after a morning workout. He reportedly has three hours of " executive time " every morning and another few hours of it during the day as well.