Morrison’s $110 million creative & media review
Steve’s breakdown: “Embattled retailer Morrisons has called a review of its £73m advertising and media accounts ahead of the launch of its online food business and the roll-out of its M local convenience format across the UK. However, it is sticking with ITV presenting duo Ant & Dec who star in the current ad campaign.”
The review is being led by Belinda Youngs, corporate brand marketing director at the retailer.
She claimed that the current campaign starring TV presenters Ant & Dec had been “very successful” but added: “As Morrisons continues to move into multi-channel and multi-format retailing, we need to ensure we have an agency structure in place for the challenges and opportunities that lay ahead.”
A Morrisons spokesman added that Ant & Dec would not be dropped from its advertising as a result of the review.
Morrisons recently announced that it would begin rolling out its convenience format at pace throughout 2013, with the aim of opening 100 stores in the current financial year.
In 2011 it entered the general merchandise online market through the acquisition of Kiddicare, a leading baby care retailer and in 2012 it extended its online presence by launching MorrisonsCellar.com. It is set to enter the online grocery market by January 2014.