Takeover tilt for Morrisons sees grocery shares surge
Not only has the approach fuelled the controversy over private equity takeovers, it has also caused a reappraisal of the value of Morrisons, Marks & Spencer, Sainsbury's and Tesco.
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Not only has the approach fuelled the controversy over private equity takeovers, it has also caused a reappraisal of the value of Morrisons, Marks & Spencer, Sainsbury's and Tesco.
By Ian Quinn2021-04-16T12:01:00+01:00 Asda says it will prioritise availability of key SKUs Asda has told suppliers it plans to cut SKUs by up to 40% as a major range review rolls out ahead of the arrival of the Issa brothers. Stores will be transformed into a simplified “discount model”, reducing ranges to prioritise availability of key SKUs, alongside innovation in growth areas such as vegan and organic, Asda has promised. The category transformation programme, dubbed End2End, will also see space handed over to a major rollout of in-store concessions, including partnerships with B&Q, ...