Morrisons’ Price Pledge to Win Back Shoppers | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded24 Aug 2026

Publisherfeeds.acast.com ↗

Handlerec:20114978

Show notes

Morrisons is launching a bold new price pledge to match or beat competitors on over 500 everyday staples — from bananas and bread to fresh fish and bakery goods — aiming to win back shoppers in a fiercely competitive grocery market. While not entirely new, this expanded effort targets Aldi, Asda, Lidl, Sainsbury’s, and Tesco, and is available in main stores and online — but not at smaller Daily shops or via third-party delivery. Facing financial strain — including $7 billion in debt and a 5,000-employee cut — Morrisons is betting that unbeatable prices, paired with trusted quality and service, will turn the tide. Despite challenges, they saw slight revenue growth last year and are on track to exceed their $1 billion cost-saving target by 2026 — positioning themselves as a value-driven alternative without sacrificing standards. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c53bf0b3241fd701

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.