Lingfield College Business

Think about competition, new markets, organic & inorganic growth, plus innovation and efficiency: Wm Morrison has accelerated its push into online by deepening its ties with Amazon and sealing a tie-up with Deliveroo to launch a hot-food delivery service this month. David Potts, chief executive of Morrisons, told   The Times  in his first interview since he took the job, that its “Morrisons at Amazon” service, which offers one-hour deliveries, was in eight cities and would be in twenty by the end of the year. The Morrisons boss also revealed that the supermarkets group would open a store in Canning Town in east London at the end of the month with a new Market Kitchen service, so that hot food could be delivered to local customers through Deliveroo. He said that the ultra-fast service had proved popular with customers. The arrangement was possible after Morrisons renegotiated its contract with Ocado, in the wake of a fire at its warehouse in Andover, Hampshire, in F...

Sainsbury's in 'advanced' discussions over £10bn-plus merger with Asda to create supermarket giant 72   Alan Tovey   28 APRIL 2018 • 3:15PM + Follow Save Sainsbury's is in talks about a £10bn-plus merger with Asda that could force the sale or closure of hundreds of stores across the UK to win the approval of competition regulators. Sainsbury's confirmed it was in “advanced” discussions with US retail giant Wal-Mart, which owns Asda, about a tie-up, a move which see the combined business overtake Tesco as the market leader in Britain. Such a combination would cause upheaval on the UK high street, creating what was described as a “game-changer of epic proportions” by one supermarket analyst. However, with more than 2,000 stores between Sainsbury's and Asda, watchdogs are likely to demand widespread disposals of outlets to stop dominating swathes of the UK retail market. It is thought an agreeme...