Morrisons

British Retailer McColl's Boss Jonathan Miller Steps Down Amid Financial Woes

Britain's McColl's said on Thursday Jonathan Miller, chief executive officer had stepped down.

Morrisons is considering options on how to deal with the financial struggles of its convenience store partner McColl's Retail Group Plc.

Global food supply disruption due to Russia's invasion of Ukraine plus soaring energy and fuel costs could slow down growth in supermarket volumes.

Lidl (GB) said on Tuesday its sales rose 2.6% in the four weeks ending 26 December year-on-year.

Sainsbury's will raise the basic hourly pay of its store workers to at least £10 ($13.55) an hour.

Marks & Spencer was Britain's fastest growing food retailer in the 12 weeks to 4 December.

The British arm of German discount supermarket chain Lidl on Wednesday.

British convenience retailer McColl's forecast lower annual profit on Wednesday.

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