A contextualised analysis of MORRISON (WM) SUPERMARKETS PLC Coursework

A contextualised analysis of MORRISON (WM) SUPERMARKETS PLC - Coursework Example In the United Kingdom there are a total of 92,796 grocery stores which are broadly classified into the following four categories namely Convenience stores, Traditional retail, Hypermarkets, Supermarkets and Superstore and Online Channel. Among these, hypermarkets, supermarkets and superstores are the largest in the UK (Li, 2008). Morrison WM Supermarkets PLC, a publicly traded company, is a supermarket chain which offers a wide range of goods including branded ones and its own labelled products. They are the fourth largest food retailer in the United Kingdom by sales with 439 stores across Britain and an annual turnover of  £16 billion. The main speciality of this chain of supermarkets is its high quality fresh food at great prices. Morrison WM Supermarkets PLC was founded in 1899 by William Morrison. The company has developed from a single egg and butter stall in Bradford and has turned into one of the best food retailers in the United Kingdom. Starting from a small stall in Bradf ord in 1899, a new produce depot was opened in 1976. The company took over Whelan Discount Stores and started operating in Lancashire for the first time in 1978. The first Morrisons distribution centre was opened in 1988 followed by the opening of second distribution centre in 1997. ... They are the fourth largest food retailer in the United Kingdom by sales with 439 stores across Britain and an annual turnover of ?16 billion. The main speciality of this chain of supermarkets is its high quality fresh food at great prices. Morrison WM Supermarkets PLC was founded in 1899 by William Morrison. The company has developed from a single egg and butter stall in Bradford and has turned into one of the best food retailers in the United Kingdom. Starting from a small stall in Bradford in 1899, a new produce depot was opened in 1976. The company took over Whelan Discount Stores and started operating in Lancashire for the first time in 1978. The first Morrisons distribution centre was opened in 1988 followed by the opening of second distribution centre in 1997. It was in February 2004 the company went national by opening a store in Scotland. Morrisons became the fourth largest retailer in the UK in March 2006 by opening UK’s first BioEthanol E85 filling pumps. The compan y has 700 tractors and 1700 trailers distributing to the stores across the country and it is now the largest supplier of apprenticeships in the United Kingdom. The following are deemed to be the four important reasons why they occupy a unique position in the grocery market: 1. Quality: They ensure control quality by owning their own production facilities. 2. Insight: They know what they are buying and where it comes from. 3. Value: They buy direct and pass savings on to the customer. 4. Flexibility: They get their food in store faster and react to the market more quickly. (Morrisons, 2011a) The company’s overall turnover is 17,663, 000 GBP, net income is 690,000 GBP, total assets is worth 9,859,000 GBP and the number of employees is 131,207, number of recorded shareholders is 86

The Columbian Exchange Essay Example | Topics and Well Written Essays - 1250 words

The Columbian Exchange - Essay Example It is noted that the fish were very expensive and so this factor did not give everyone the path to get the species. Apart from being expensive, the Spanish, who by then were the most interested people to get the fish, did not like the fact that the fish came from Jews and Muslims. It seems then that there was a sense of rejection between the two communities with the Spanish. Since the Spanish wanted to be connected with the species, the only option was to look somewhere else where the same kinds of species could be found (Wilford, pg78). The immediate alternative was the indie, and so they planned their way to that destination, and Columbus being the torchbearer. First, before gearing up to the land where they could get the longed for species, Columbus was to get permission from both the Queen and the King (Mann, pg25). Columbus did not succeed in getting the permission to invade the land from the two on the first request, though he kept persisting until the ninth time, when he was given the go ahead. With the small ships he got from the authority, Columbus knew the dream has come true and so he sailed to the Indie in the year 1492. The whole missing hard challenges, as according to the records, he made four trips to the Southern America and Caribbean (Mann, pg11). On October 11 in the year 1492, Columbus landed the Caribbean Islands and there he landed capturing the local Taino Indians and later trading them as slaves. The above marked the first trip. The second one was much bigger and took place one year later after the first visit. Still hoping to get Indians and trade with as slaves as well as hoping to loot gold, he persisted in his journey and invasions. Notably, 1498 was the year that marked the third expedition of the Columbus. He is acknowledged to be the first European to set his foot on the American Mainland. According to scholars, it is worth noting that the above three dynamics portended future trends. Columbus had no