US private equity firm Clayton, Dubilier & Rice (CD&R) has narrowly won an auction to take control of UK supermarket chain Morrisons with a 7 billion pound (9.5 billion dollar) bid. CD&R’s 287p a share bid was just above the 286p offer made by rival Fortress Investment Group, and follows a long takeover process that started back in June....
Oct 4, 2021
Supermarket Morrisons has launched flat pricing across its school ranges, meaning that parents will pay the same price for school uniforms, whatever age. The pledge comes ahead of the launch of its Nutmeg at Morrisons 2020 Back to School range and has been extended to the wider kids’ collections. The move the supermarket states guarantees that...
Jul 15, 2020
London - Supermarket Morrisons has launched its clothing brand Nutmeg online to make it “easily available to all customers”. The new Nutmeg website, will allow customers from across the country to buy from Morrison’s clothing range of quality essentials and fashion-led styles including its full range of baby and kidswear, womenswear and menswear...
Jun 9, 2020
British supermarket chain Morrisons is set to open its first standalone home and clothing store. The space will feature the retailer’s fashion brand, Nutmeg, as well as its own-brand homeware range. The retailer has advertised jobs online for the new store which indicates it will be in Bolsover, Derbyshire. “Due to the success of our products,...
May 27, 2020