Shoppers are deserting private equity-owned supermarkets Asda and Morrisons as the cost-of-living crisis bites. Britain’s third and fourth-biggest grocers are losing ground to larger rivals Tesco and Sainsbury’s, industry figures show. They…
Tag: Morrisons
Competition watchdog clears Morrisons private equity takeover
Watchdog clears Morrisons private equity takeover after buyer agrees to sell petrol stations By Daily Mail City & Finance Reporter Published: 21:53, 9 June 2022 | Updated: 21:53, 9 June 2022 Competition…
Morrisons’ US private equity owner facing backlash over sell-off plan
Morrisons’ US private equity owner facing backlash over plan to sell off fisheries, warehouses and food manufacturing plants Clayton Dubilier & Rice sounding out buyers for £600m of grocer’s assets It would…