Morrisons to create 1,000 jobs as it opens more convenience stores (From Bradford Telegraph and Argus)
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Bradford supermarket group buys up Blockbuster sites for more convenience stores
1:07pm Sunday 17th February 2013 in News By Michael Black
Bradford supermarket giant Morrisons has bought 49 stores from failed DVD and games rental chain Blockbuster as it steps up plans to expand its convenience business creating about 1,000 jobs in the process.
The deal will not prevent any of the job cuts already announced by Blockbuster administrators Deloitte, but Morrisons said it will provide new jobs as it reopens the shops as convenience stores.
The UK's fourth-biggest grocer also announced the rebranding of its M Local convenience business to Morrisons M local.
Today's announcement – for an undisclosed sum – follows the recent acquisition of seven stores from collapsed camera retailer Jessops as Morrisons takes advantage of quick access to high street locations to build up its convenience chain.
It is accelerating expansion plans after struggling to compete because of its small number of convenience stores, as well as a lack of grocery delivery service.
Morrisons, which now has 12 M Local stores after opening the first in Ilkley in July 2011, reported a disappointing 2.5 per cent decline in like-for-like sales for the six weeks to December 30, which followed a 2.1 per cent decline in the previous quarter.
The business is leading a fightback under recently appointed chief executive Dalton Philips, unveiling an advertising campaign fronted by TV presenters Ant and Dec earlier this year and sponsoring hit shows Britain's Got Talent and Ant & Dec's Saturday Night Takeaway.
Morrisons hopes to have at least 70 convenience stores by the end of 2013, while it is expected to announce the latest move towards a full-scale online food delivery service alongside its annual results on March 14.
Gordon Mowat, managing director of Morrisons Convenience, said: "We are rolling out the Morrisons M local estate at pace this year and these acquisitions give us a kickstart in securing a solid foothold in this key sector.
"The convenience market is growing as more people shop locally and we want to be in a position to take advantage of this."
Many of the Blockbuster stores are located in the south east – an area where Morrisons is keen to increase its presence – and are expected to open for trading by the end of the summer.
The stores bought are among the 164 stores earmarked for closure by Deloitte last week, which threatens about 800 jobs and comes on top of the 168 shop closures and 760 job cuts already announced.
Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.
Comments(20)
Outraged English Subject
says...
1:33pm Sun 17 Feb 13
collos25
says...
1:58pm Sun 17 Feb 13
tinytoonster
says...
2:39pm Sun 17 Feb 13
collos25 wrote:if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
Its not new jobs because Blockbusters will have made many people jobless.
Joedavid
says...
3:07pm Sun 17 Feb 13
Albion. wrote:I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
Albion.
says...
3:18pm Sun 17 Feb 13
Joedavid wrote:http://www.confused.
Albion. wrote:I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
com/money/articles/m
ystery-shop-tesco-vs
-tesco-express
Joedavid
says...
4:26pm Sun 17 Feb 13
Albion. wrote:They do in fact say what I said in their report.
Joedavid wrote:http://www.confused.
Albion. wrote:I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
com/money/articles/m
ystery-shop-tesco-vs
-tesco-express
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
Albion.
says...
4:36pm Sun 17 Feb 13
Joedavid wrote:I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it.
Albion. wrote:They do in fact say what I said in their report.
Joedavid wrote:http://www.confused.
Albion. wrote:I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
com/money/articles/m
ystery-shop-tesco-vs
-tesco-express
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
Joedavid
says...
4:40pm Sun 17 Feb 13
Albion. wrote:I'm not arguing, sorry if you think so.
Joedavid wrote:I really can't be bothered arguing with you, but it also said that SOME of the same items were dearer and Tesco admitted it.
Albion. wrote:They do in fact say what I said in their report.
Joedavid wrote:http://www.confused.
Albion. wrote:I have used the small Tesco and large Tesco and found like for like the prices are the same. The thing is of course the small stores sell less lines and the cheaper lines/brands are not in the small shops thus you spend more and they appear dearer.
Excellent news!
I wonder if their pricing will be different for the smaller stores, as with some other large traders?
com/money/articles/m
ystery-shop-tesco-vs
-tesco-express
"Some items were more expensive in the Tesco Express simply because the cheaper alternative was not on offer. As you’d expect, the larger store had a lot more choice when it came to almost every item on our list."
A depends on your individual shopping list.
If you find Tesco, Sainsbury and Asda locals are dearer than their Supermarkets you are going to find the same with Morrisons as Morrisons are only playing copy cat with them, note also Morrisons starting On-Shopping too.
collos25
says...
5:03pm Sun 17 Feb 13
tinytoonster wrote:Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters.
collos25 wrote:if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
Its not new jobs because Blockbusters will have made many people jobless.
Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.
collos25
says...
5:04pm Sun 17 Feb 13
tinytoonster wrote:Its says in the last paragraph that Blockbusters employed over 4000 how is that new jobs.And as far as pay is concerned it will be minimum wage at Morrisons just as it was with Blockbusters.
collos25 wrote:if you read at the bottom it says 800 jobs threatened, they are creating 1000 jobs so yes it is new jobs plus they pay better wages and profit share.
Its not new jobs because Blockbusters will have made many people jobless.
Blockbuster, which had 528 staff and employed 4,190 staff, collapsed into administration last month after struggling to adapt to the changing market and rivalry from internet retailers including Netflix, Amazon's LoveFilm and iTunes, which now offers a movie rental service.
Stevie-C
says...
5:30pm Sun 17 Feb 13
old pecker
says...
6:34pm Sun 17 Feb 13
/news/business-21490
465
No morrisons in yorkshire mainly london & south , so no jobs here
Outraged English Subject
says...
6:51pm Sun 17 Feb 13
collos25
says...
7:10pm Sun 17 Feb 13
The ones that are open are doing really well arn´t they.
Dugoutboy
says...
7:43pm Sun 17 Feb 13
tyker2
says...
6:06am Mon 18 Feb 13
Is it that they are back ward in this matter or are they simply not prepared to do anything which will ost them initially. Getting high street presence should be good for them but it has to be good from the beginning or it will blob seriously
Victor Clayton
says...
1:10pm Mon 18 Feb 13
Joedavid
says...
1:17pm Mon 18 Feb 13
Victor Clayton wrote:That might be good news to you, but might be bad for me.
the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.
Just how does one pay by CC?
If it is pay at pump then that's out for me, as I do not like that method, sorry.
Victor Clayton
says...
7:16pm Mon 18 Feb 13
Joedavid wrote:You put your card in. Then your pin. When approved you take your card out and fill up. It suits me but of course not everyone. It will probably come in more and more as its harder to fill up and drive off.
Victor Clayton wrote:That might be good news to you, but might be bad for me.
the best news on the supermarket front is that the new asda petrol station on Cemetery rd is credit card only. no more queuing at morrisons for an age behind loads of cars putting a fivers worth in. brilliant.
Just how does one pay by CC?
If it is pay at pump then that's out for me, as I do not like that method, sorry.
Albion. says...
1:21pm Sun 17 Feb 13
I wonder if their pricing will be different for the smaller stores, as with some other large traders?