UK: Morrisons names Andrew Higginson as next chairman
Supermarket group Morrison has Andrew Higginson as its next chairman, according to media reports. Sir Ian Gibson, Morrison’s current chairman who is is to retire in 2015, commented: “Andy Higginson has a tremendous reputation and a distinguished career at the forefront of retailing in the UK and I am sure he will be a huge […]
UK: Morrisons to face major restructure after £176m loss
BBC News reports that supermarket chain Morrisons has recorded a loss of £176 million ($292 million) for the year to the end of February which is a decrease in profit of £879 million ($1,458 million) compared to the previous year. While the loss can largely be explained by a one-off writedown of £903 million ($1,499 […]
UK: Morrisons introduces age restrictions on sale of energy drinks
Morrisons is the first major retailer in the UK to ban sales of energy drinks to under 16s, the BBC reports. The supermarket, which is trialling the ban in stores in Glasgow, Dorset, Leeds, Cheshire, Staffordshire and Suffolk, will require customers wishing to purchase certain energy drinks to show proof of age if staff believe […]