Morrisons posts falling sales during ‘unusually challenging’ Christmas
Morrisons has registered declining like-for-like and total sales during the crucial Christmas trading period.
The grocery chain posted a 1.7% decline in group like-for-like sales excluding fuel during the 22 weeks to January 5. Retail like for likes were down 1.7% and wholesale like for likes were flat during the period.
Total sales during the same period were down 1.8% excluding fuel.
During the three months to November 3, like-for-like sales excluding fuel were down 1.2%, with retail accounting for 1.1% and wholesale 0.1%. Total sales during the period excluding fuel were down 1.3%.
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