Morrison provides food for thought
By FWi staff
MORRISON supermarkets has announced that its Christmas trading “easily surpassed previous records”, reports the Financial Times.
Sales, excluding additional selling space, rose 5.5% in the five weeks to 07 January . Including petrol and new stores, sales rose 16.7%.
Martin Ackroyd, Morrison finance director, said the figures would “give the others something to think about”.
- Sainsbury shares under pressure, FWi, 08 January, 2001
- Financial Times 12 January, 2001 page 26