CEO & Founder @kanopsai / Building AI tools for Retail and CPG teams. ReThink influencer. "The man supermarket CEOs turn to" (BBC)
Harrogate, West Yorkshire
- Tweets 100,549
- Following 458
- Followers 24,149
- Likes 19,386
Pinned Tweet
It's unfair to say that Morrisons are not investing in stores to maintain their EBITDA run rate.
64
17
958
478,168
Steve Dresser retweeted
I love the Japanese intro to Postman Pat. It's so relaxing.
For research purposes, I've painstakingly translated the Japanese lyrics...
117
343
2,457
328,841
Everyone is worse off now. You’re speeding up automation.
If you haven't read Badenoch's latest pamphlet, I don't blame you, but in it she launches an attack on the minimum wage.
When so many people across Britain are struggling with the cost of living, it’s so tin eared.
Same old Tories. They always want working people worse off.
ALT An excerpt from Kemi Badenoch’s pamphlet ‘The Right Way’.
1
9
2,481
Morrisons and Asda would be a zombie retailer with the debt. No chance at all, surely......!?
No surprise on price either; Morrisons despite EBITDA and LfL are not what they once were.
Exclusive tale behind the Sainsbury’s- Morrisons talks: Broke down over price. Team had enlisted advisers to get comfortable on disposals to ease competition concerns.
Combo of Morrisons-Asda can’t be ruled out:
How Sainsbury’s got its appetite back: as.ft.com/r/8ea67183-ee9f-44…
5
31
11,100
Steve Dresser retweeted
My local Morries takes less than a quarter than it did 20 years ago, (inflation adjusted).
My old bog standard small Safeway took more in 1997. (A quarter of the size).
1
1
3
1,845
Steve Dresser retweeted
We have recently switched back to Sainsbury's with morrisons going downhill.
Found it harder to buy the products we want, either because they chose to discontinue lines that were popular and also reducing my work discount from 5% to 2% whilst Sainsbury's maintained theirs at 5%
Perhaps Sainsbury's walked some shops hence pulled out of the deal.
This degradation in the estate is obvious to everyone who visits Morrisons.
It's a crying shame.
1
1
3
4,438
Steve Dresser retweeted
The withdrawal of the personal allowance for people who earn more than £100k was introduced in 2010. Because the £100k has not been indexed it is the equivalent to the personal allowance having been withdrawn at £62.5k in 2010 pounds. Further, because the personal allowance has doubled the effective 60% band has doubled.
You can only conclude want everyone to have the same net income whether on benefits or as a high earner.
58
128
1,604
136,870
Steve Dresser retweeted
Public claims deserve a public response. Especially when they’re inaccurate and misleading.
@owenslindsay1 has repeatedly suggested Walmart uses or plans to use technology to charge people more based on their personal information.
47
13
56
102,313
The usage of Ai for scheduling in the troops in stores is not going to be good for the troops in store, at all.
2
8
3,794
It's unfair to say that Morrisons are not investing in stores to maintain their EBITDA run rate.
64
17
958
478,168
Sainsbury's will be interested in consolidating their position at number 2 in the sector so Morrisons are obviously an attractive target.
However recently things have slowed in Morrisons, as we know. The geographic overlap would be less of an issue but what to do about Market Street and the Cafe would be a key issue.
As would be the Morrisons estate which is suffering with a lack of Capex.
Not beyond the realms that Aldi, build a new store and sell rest off. Similar to what they have done in Florida with Winn Dixie.
10
33
16,300
Steve Dresser retweeted
It's unfair to say that Morrisons are not investing in stores to maintain their EBITDA run rate.
64
17
958
478,168
Steve Dresser retweeted
My 5 year fixed mortgage at 1.14% comes up for renewal in Feb 27.
The best rate on the table right now is 5.3%
That’s an extra £700 every single month in pure interest expense for the exact same house.
Faced with this choice: would you take 2 year fix hoping for cuts, or lock in 5 years for long term stability
335
22
853
1,650,111
Steve Dresser retweeted
❤️ Katie, aged 30, is fighting cancer for the third time and has reached the end of the treatment options available to her in the UK. Katie's family are big Imps fans and she first had a season ticket when she was three.
Read more about Katie's story: ⬇️
theredimps.net/KatieBrienSto…
ALT A young woman looks at the camera and smiles. She is wearing a black top.
3
11
61
12,223
