date:Jul 03, 2012
f what already may have been agreed. I am sure others will be suffering similar pain to ourselves. Youre talking half a million pound slugs. I dont think thats tenable but if they ask for 10 they get five.
Last month, Morrisons posted a 1% fall in first quarter sales and announced the departure of its group finance director Richard Pennycook.
Unwelcome news
City analyst Shore Capital described the announcement asmore unwelcome news for Morrisons.Shore Capital analyst Darren Shirley said:Mr Pe