Christmas drink deals at embattled supermarket bring first quarterly sales gain in four yearsMorrisons has bounced back into profit after finally returning to sales growth in the final quarter of its financial year.
The Bradford-based supermarket chain revealed a pre-tax profit of £217m for the year to 31 January after a £792m loss in the previous 12 months, when it was forced to shut stores as sales slumped in the face of heavy competition from discounters Aldi and Lidl. Related: Amazon to start selling fresh and frozen Morrisons food Continue reading...
Source: theguardian.com