Analysis: What does a poor quarter mean for Morrisons?

The grocer returned a decline in like-for-likes for the first time in almost seven years today, announcing a 1% decline in the 13 weeks to April 29

Source: Fotopress Dundee

“We are prepared to sit back from this activity rather than trying to make small market share gains at any cost,” says Dalton Philips.

 

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