Sales at Wal-Mart’s British supermarket Asda fell for a fourth straight quarter on Tuesday, down 4.7 percent to confirm its position as the weakest performer in a sector hammered by the growth of discount retailers

Wal-Mart’s British supermarket chain Asda slumped to its worst quarterly sales performance in the 16 years it has been owned by the US group, with res(...)

Morrisons is almost certain to be demoted from the prestigious FTSE 100 index following a near-15 per cent slide in its share price over the past 12 months. Photograph: Phil Noble/Reuters

David Potts, the new chief executive of Morrisons, might be forgiven for feeling a little nervous ahead of the supermarket group’s annual shareholder (...)

British online grocer Ocado helps people avoid the supermarket and continues to report strong growth.

British online supermarket Ocado posted a slight acceleration in quarterly sales growth and said it expected to continue growing ahead of the online g(...)

 Morrisons supermarket chain has named former Tesco executive David Potts as its new chief executive. Photo: Chris Radburn/PA Wire

Morrisons supermarket chain has named former Tesco executive David Potts as its new chief executive, completing a triumvirate of ex-Tesco men at the t(...)

The firm had said in January that Wicklow-born Philips would stay until March 12th

Britain’s fourth largest supermarket group Morrisons said finance director Trevor Strain is to take on chief executive duties while a successor is sou(...)

Despite the profit fall Morrisons is paying an interim dividend of 4.03 pence, up 5 per cent and confirmed a commitment to pay a full-year dividend of not less than 13.65 pence

Wm Morrison Supermarkets, Britain’s fourth largest grocer, posted a 51 per cent slump in first-half profit, hurt by its move to cut prices to counter(...)

Planet business

Image of the week: Clipper crazy “Where do you want to go today?” Two decades ago, Microsoft used to ask Windows users this question all the ti(...)

British grocer Morrisons said on Tuesday it had proposed a new store management structure that if implemented would involve around 2,600 redundancies. Photo: Bloomberg

British grocer Morrisons said on Tuesday it had proposed a new store management structure that if implemented would involve around 2,600 redundancies.(...)

A day after Irish figures suggested a slight improvement in Irish retail sales at the end of the year, the dire state of the UK “high street” was laid(...)

Morrisons chief executive Dalton Philips: “We’ve been running a 21st century business on systems and infrastructure firmly stuck in the 20th century.” Photograph: Morrisons/PA Wire

From the top of London’s Centrepoint tower on a sunny day, you can see for miles, which is just as well when you are Dalton Philips, the Irish chief e(...)