26 April 2021 | 10:22am
StockMarketWire.com - Supermarket chain Morrisons said Paula Vennells had stood down as an independent non-executive director.
Vennells had been on the board since January 2016.
At 10:22am: [LON:MRW] Morrison Wm Supermarkets PLC share price was 0p at 173.7p
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11 March 2021 | 09:17am
StockMarketWire.com - Morrisons has seen pre-tax profits fall more than 60% in 2020, with £290 million relating to covid costs , in spite of a rise in sales and revenue for the high street supermarket chain.
The company reported end of year sales were up 8.6% on 2019 and total revenues had increased 0.4% to £17.6 billion.
Total revenue excluding fuel was up 8.9% as fuel sales slumped 32.1% to £2.49bn during the pandemic.
The company also announced a final ordinary dividend of 5.11p, taking the full-year ordinary dividend up 5.6% to 7.15p and full-year total dividend up 27.1% to 11.15p.
Morrisons expects 2021/22 profit before tax and exceptionals including rates paid to be higher than the £431m profit achieved in 2020/21, excluding the £230m waived rates relief.
1 March 2021 | 07:07am
StockMarketWire.com - Supermarket group Morrisons extended a wholesale supply agreement with convenience store chain McColl s Retail, the companies said on Monday.
As part of the agreement, 300 McColl s convenience stores would be converted to the Morrisons Daily format over the next three years.
The stores would offer the full Morrisons convenience range and be branded Morrisons Daily, but would continue to be owned and operated by McColl s. This roll-out follows over 30 successful McColl s to Morrisons Daily conversions in recent months, Morrisons said.
McColl s said the Morrisons Daily stores had consistently delivered the strongest like-for-like sales performance within the McColl s estate.