Morrisons to close 23 small Local stores as a new manager takes over

[arista]

[792 million pounds loss
has sadly effecting them
The overall loss can be partly explained by a £1.3bn writedown on the value of its property - a decision it blamed on market conditions.]

http://news.sky.com/story/1443448/morrisons-records-792m-loss-in-last-year

[Former Tesco Executive David Potts will take charge of Morrisons next week]


Property Market can work wrong for you.

[Nedusa]

Morrisons are the new Tesco's

[kirklancaster]

Morrisons are the new Tesco's

So glad you're back.

[Crimson Dynamo]

good news if Morrisons can get back in the black as we need them, they are a good store with nice staff and great veg

[kirklancaster]

good news if Morrisons can get back in the black as we need them, they are a good store with nice staff and great veg

I agree. I prefer Morrisons.

[Kizzy]

I think they're all much of a muchness now and the quality across the main players is similar (which is steadily getting worse)
I don't believe that excuse is entirely true, I think it's just stores that don't generate enough profit and the land it occupies is worth more than the building itself.

[Rob!]

[792 million pounds loss
has sadly effecting them
The overall loss can be partly explained by a £1.3bn writedown on the value of its property - a decision it blamed on market conditions.]

http://news.sky.com/story/1443448/morrisons-records-792m-loss-in-last-year

[Former Tesco Executive David Potts will take charge of Morrisons next week]


Property Market can work wrong for you.

Is that the guy who screwed up so magnificently leaving Tescos in a huge pile of ****?

[Cherie]

So glad you're back.

I'm not sure Nedusa ever went away :laugh: