Morrison (Wm) Supermarkets (LSE:MRW)

UK company
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Market Info - MRW

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Company Info - MRW

  • Market Cap£4.287bn
  • SymbolLSE:MRW
  • IndustryConsumer Defensive
  • SectorGrocery Stores
  • Currency
  • ISINGB0006043169

Company Profile

Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth-largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates around 500 stores totalling 1.3 million square metres, entirely in the United Kingdom. The Morrison family still owns around a 10% stake but is no longer otherwise involved in the business. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (Amazon, McColl's).Morrison (Wm) Supermarkets PLC is a UK based company which operates a supermarket chain. Its main business is food and grocery distribution under the Morrisons brand. The company operates around 500 total stores.

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