Issue 39  

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FMCG News Update
Danone scraps energy drink V
Big bonus payout by Morrisons to CEO
Asda sued over nasty claim
Anger over Biofuels grows
Cadbury's sitting duck
Asda makes moves on Tesco
Almost half of Brits support farmers' markets

RETAIL
Down the Aisle... Westaways land lucrative contract
Out to Launch... New perfume launch
Supermarket News... Whole Foods expansion
Up the High Street... Home Retail Group post a whopping 33% rise in profits
Green Room... Supply chain reporting: Pandora’s box of emissions?
Beverage News... Magners sales drop

MARKETING
Sales & Marketing... We're going out Boys..Carlings new ad
Movers and Groovers... Unilever appoint new marketing post
All for the sake of a cookie

TRENDS
Giant Eco-Friendly LED Displays
Four Legged Eco Teachers

TEA BREAK

So you think you have a quick recation and when you are in love with a beautiful women.


[FULL STORY]
 

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Issue 39   June 24, 2011

 
Big bonus payout by Morrisons to CEO
Turned around fortune for Morrisons

Marc Bolland Morrisons chief executive Marc Bolland received a £760,000 bonus last year, almost 100% of his salary, after leading a turnaround at the grocer.

risons' pre-tax profit soared 66% to £612m for the full year to February 3. Total sales were up 6% to £13bn and like-for-like sales – excluding fuel – rose 4.6%.

Morrisons' sales are understood to have accelerated in the second half of the year, partly driven by a successful ad campaign featuring Lulu, Alan Hansen and Denise Van Outen.

Following Sir Ken Morrison's retirement in March, deputy chairman Sir Ian Gibson succeeded him as non-executive chairman.

 


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