Morrisons cuts jobs to boost AI, aiming to tighten costs as UK grocers tighten belts amid rising costs and inflation. Wm Morrison Supermarkets Ltd, fifth-largest UK chain with hundreds of stores.
Several UK companies, including Topps Tiles, Wickes, and The Works, have announced strategic changes and financial results. Topps Tiles is closing stores to cut costs, Wickes plans store expansion, and The Works is shutting its online shop to focus on physical stores. These moves reflect broader economic pressures and operational adjustments.
Companies warn of rising costs and potential shortages due to the Middle East conflict. McBride and Princes report increased expenses, while UK supermarkets prepare for possible price hikes and supply disruptions, with impacts expected to intensify in the coming months.
Morrisons has announced a consultation over job cuts at its Bradford headquarters, impacting less than 10% of roles. The retailer is shifting focus to streamline operations and increase automation, including expanding its use of AI, amid challenging market conditions and ongoing sales underperformance.
Across UK and Europe, campaigns argue for cage-free hen housing and a fur-farm ban, citing public support and health-risk considerations. The Guardian and The Ecologist report growing political and industry pressure, with policy shifts underway and potential EU-wide action.