Morrison (WM) Supermarkets plc MRW

One of the big four supermarkets in the UK, they have approximately 500 stores across the UK.

In my opinion Morrisons lost their way when they bought Safeway. They tried to go big by buying a failing company. They have never recovered and are like a ship with a broken engine drifting listlessly across the ocean. I’m surprised no one has tried to buy them out. Might happen this year. It’s a shame as it used to be a decent company.

A little harsh on Morrisons so I thought I’d add this which might give a bit more info to re-evaluate your postion.