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Supermarket share prices set to rocket on Morrisons bid battle

Supermarket shares were set to rise on the London Stock Exchange today as a full-scale bidding war for Morrisons erupted over the weekend.  Tesco, Sainsbury s and Marks & Spencer were poised to move higher after a fresh bid for Morrisons led by US private equity firm Fortress sparked a takeover battle that could rumble on all summer.  Fortress has teamed up with a division of Koch Industries, run by the billionaire Koch family which is one of the biggest donors to the US Republican party, and Canadian pension giant CPPIB to table a bid at 254p per share, valuing Morrisons at £6.3billion. 

When it comes to retail, Greenville says bring Target here now

Louis Amestoy Herald-Banner Mar 31, 2021 There is no better way to stir up water cooler conversation than the simple question: Which grocery store or steakhouse do you want to come to Greenville?  That’s exactly what happened on Tuesday when the Greenville Herald-Banner asked a variation of that question via the newspaper’s Facebook page and got a torrent of responses from hundreds of people. The question was simple: When it comes to business here in Greenville, we are missing what?  Call it a pent-up demand for groceries and steak but it was more of a flood of response. In all, the simple question garnered more than 10,000 interactions via Facebook and the post reached more than 17,000 people. We combed through more than 380 of the 1,000 answers to find that our readers listed 68 specific businesses they wanted to come to Greenville. Some also longed for businesses that failed here to return. 

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