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Morrisons Sales Surge to £4.1 Billion in Strongest Growth for More than a Year
The Bradford supermarket chain said lower prices and volume growth lifted quarterly sales while cumulative cost savings reached £995 million.
Summary by Telegraph & Argus
7 Articles
7 Articles
'Stronger momentum': Morrisons hails impact of World Cup and hot weather on sales as cost savings approach £1bn
Morrisons is approaching almost £1bn in cost reductions as the Yorkshire supermarket chain reported “stronger sales momentum” driven by the World Cup and this summer’s hot weather.
Morrisons sales rise as debt-ridden grocer cuts costs
Morrisons has toasted faster sales growth as the private-equity-owned grocer nears £1bn in savings as it races to trim its huge debt pile. The grocer saw like-for-like sales jump by 3.2 per cent to £1.4bn in the three months to the end of July, as its chief executive attributed this “stronger sales momentum” to the [...]
+3 Reposted by 3 other sources
Morrisons sales accelerate as turnaround strategy bears fruit
The debt-laden retailer said it was boosted by hot weather and the World Cup over the latest quarter.
Coverage Details
Total News Sources7
Leaning Left3Leaning Right1Center3Last Updated43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
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