Published:06 May 2016
We are listening hard to our key stakeholder groups – customers, colleagues, suppliers and shareholders – and have developed six priorities to help shape our plan to turnaround Morrisons.
You can view the full annual report for 2015/2016 here
"It has been a busy first year as your new Chairman, both in the stores and on the Board. David Potts joined as Chief Executive in March. He very quickly formed a new senior Executive Committee that combines the best of Morrisons home grown and externally recruited talent.
This journey will be a long one, but there are some early signs of improvement and customers are beginning to notice. We will continue to invest to improve the customer shopping trip and fix, rebuild and grow Morrisons.
You can view the full annual report for 2015/2016 here
"It has been a busy first year as your new Chairman, both in the stores and on the Board. David Potts joined as Chief Executive in March. He very quickly formed a new senior Executive Committee that combines the best of Morrisons home grown and externally recruited talent.
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That team set about injecting a new pace into the turnaround. By listening hard to customers and responding quickly wherever possible, the team are rebuilding Morrisons around its key strengths – good quality fresh food, great value for money, good customer service and authentically British.
- It will take time, and we are not assuming the trading environment will improve, but I am confident that we have made the right changes to simplify and focus the business, and to begin to drive sales volumes and deliver improved profits and returns for shareholders"
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