Morrisons accepts takeover bid of £6.3 billion
Retail Times
JULY 3, 2021
Commenting on Morrisons takeover bid announcement, Richard Lim, CEO, Retail Economics said: “This signals the biggest shakeup in the UK grocery sector for over a decade. The grocery sector is transitioning through a period of enormous change as the impact of the pandemic has shifted buying behaviour. Navigating the fast-paced change in market dynamics, customer behaviour and the pressures on the food supply chain in a post-Brexit environment will be no easy feat.
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