- Reuters•12 days ago
Wal-Mart is throwing its weight as the world's largest retailer behind its struggling British arm Asda after admitting it was too slow to respond effectively to the threat posed by the discount supermarkets. Asda thrived for a decade as Britain's cheapest supermarket after it was bought by Wal-Mart in 1999 and remains the third-biggest in the country.
- Reuters•17 days ago
British supermarkets are rationing shoppers to three iceberg lettuces per visit, blaming poor growing conditions in Spain for a shortage in supply. Tesco, Morrisons and Sainsbury's have all imposed restrictions on bulk purchases after production in Spain was hit by crop damage from flooding late last year and compounded by cold weather last month.
- Reuters•18 days ago
The following are the top stories on the business pages of British newspapers. - Tesco could be forced to dispose of more than 600 stores unless it can convince regulators that its 3.9 billion pound ($4.94 billion) merger with Booker will not harm competition. Analysis by the data team at The Times has found there are 635 Tesco stores situated less than 500 metres from a shop in Booker's network of Premier, Londis and Budgens stores, raising fears about the impact on consumers, suppliers and rivals.
MRW.L : Summary for MORRISON (WM) SUPERMARKETS PLC - Yahoo Finance
Wm Morrison Supermarkets PLC (MRW.L)
LSE - LSE Delayed Price. Currency in GBp
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|Bid||247.90 x 1003200|
|Ask||248.00 x 250000|
|Day's Range||247.30 - 249.54|
|52 Week Range||168.50 - 250.00|
|PE Ratio (TTM)||25.83|
|Dividend & Yield||0.04 (1.28%)|
|1y Target Est||N/A|