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Morrisons launches one of its biggest ever price cut campaigns

Morrisons  |  25 April 2022

Industry Insights  / Morrisons launches one of its biggest ever price cut campaigns

Morrisons is launching one of its biggest price cuts in recent years by reducing prices on over 500 products and introducing new and improved multi saves. 

The lower prices cover six per cent of Morrisons total volume sales with products from all across the store being reduced. Items cover cupboard essentials, fridge staples and frozen favourites and include cereal, cooking sauces, chicken and sausages. The average saving is 13 per cent with key volume lines being eggs, baked beans and rice. 

Individual items like coffee and nappies are included within the cuts as well as the key ingredients needed for different occasions such as packed lunches or evening meals. White baguettes, ham, multi-packs of crisps and sausage rolls have all been cut to help reduce the cost of lunches while the price of mince, rice and kidney beans have all gone down to make it cheaper to make chilli con carne. 

As part of the campaign, Morrisons has cut the price of a quarter of its 235 entry level products which include ‘Morrisons Savers’, ‘Morrisons Wonky’ in produce and ‘Morrisons Essentials’ in homeware and health & beauty. 

Over 180 additional products have been included in new and improved multi save promotions including a ‘Buy 2 for £1.80’ on cereals, a ‘Buy 2 for £3’ on breaded chicken and a ‘Buy 2 for £5’ on ready meals.

David Potts, Chief Executive, Morrisons said: “We know that our customers are under real financial pressure at the moment and we want to play our part in helping them when it comes to the cost of grocery shopping. These price cuts will have a noticeable and long term impact on our customers' budgets and demonstrate our commitment to offering them the best possible value.” 

As well as price cuts and multi saves, a ‘Compare & Save’ campaign has launched in store to help customers identify the savings that can be made by swapping branded items for Morrisons own brand products. Morrisons is also continuing to invest in its market leading deals and this week customers can purchase a pizza meal deal for £10 which includes two pizzas, two sides and a drink.  

Morrisons price cuts will be communicated to customers via TV and print advertising, digital, online and in store point of sale. There is also a Morrisons Savers event taking place in the seasonal aisle until 8th May showcasing the low prices to customers. 
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