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Morrisons ‘lost touch with core customers’: City
date:Jan 08, 2013
The UKs fourth biggest supermarket Morrisons has lost touch with its core customers, claimed one leading city analyst, after the retailer reported total sales down by 0.5% over the six weeks to December 30 2012.

Shore Capital analysts Clive Black and Darren Shirley said: We believe that the business has lost touch with some of its core customers but not attracted new ones, particularly as a result of some of the range reviews and, arguably, fresh formats to a degree.

Also the retailer had fail

12/24 12:41