Supermarket says it is stabilising trading but figures present that as well as the steepening of sales,volumes have fallen Morrisons will continue to cut prices next year after “moving at pace” to improve trading following another hefty slide in sales.
The retailer’s sales at established stores dropped 2.6%, excluding fuel, or in the three months to 1 November,compared with a 2.4% drop in the preceding three months. Total sales excluding fuel slid 2%, worse than expected. Continue reading...
Source: theguardian.com