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Morrison Shares Plunge As Company Forecasts Annual Profit Drop
date:Mar 14, 2014
co also has 1,601 Tesco Express stores.

In his four years as CEO, Philips has focused on Morrisons fresh-food offering, promoting the provenance of its fresh meats and revamping the stores with in-store butchers, fishmongers, cheese counters and produce presented in wooden crates and baskets.

So far it hasnt worked. While German discounter Aldis sales growth accelerated to a record in the last 12 weeks, Morrisons revenue fell 3.2% and its market share declined to 11.1% from 11.8% for the same

12/25 20:41