Morrisons – Oh for Archie Norman, Or Even Our Ken

As expected, Morrison’s (MRW) results are fairly horrendous with the total full year dividend slashed from 13.65p to 5p, like for like sales down 2% and total turnover down by 4%. The only positive signs are that in quarter four, like for like sales rose by – wait for it – a tenth of one per […]

Has Morrisons Seen The Future And Stolen It

And not only seen the future but stolen a march on its competitors by seizing it. Two announcements today could change the future of retailing and give Morrisons a big step up over the competition. Firstly it will provide a whole supply service to Amazon with hundreds of Morrisons (MRW) products becoming available online on […]

Debenhams & Morrisons delighted but Greggs leads the way

Morrisons MRW claims to have benefited over the 9 weeks to the 3rd January from what it repeatedly describes as an improved shopping trip for its customers. Like for like sales, excluding fuel rose by 0.2%  which may be seen as a good result against a background of the closure of 140 local stores plus further […]

TipTV Daily Market Roundup – Nick ‘Moose’ Batsford, Zak Mir and Alan Green

Nick Batsford, CEO of Tip TV, was joined by Zak Mir, technical analyst for Zak’s Traders Café, and Alan Green, CEO of Brand Communications, on the Tip TV Finance Show to discuss the Chinese import and export data, the falling commodity prices, an outlook for Centrica and Hornby and a view on global producers. Weak […]

Unexpected Lifeline for Tesco (TSCO) & Morrisons (MRW)

“Government guidelines are responsible for all major banks, many supermarkets and pub companies suffering colossal business and financial problems” – Tim Martin, chairman of Wetherspoon (JDW)   Neither Tesco nor Morrisons have ever been so out of touch with reality that they thought they could get away with blaming the government for their huge self imposed […]