US EditionMorrisons' quarterly sales hit £4 billion mark
- Morrisons reported a sales increase to £4 billion in its most recent quarter, marking a 2.4% rise compared to last year.
- The company achieved £56 million in savings and raised its long-term savings goal from £700 million to £1 billion.
- Morrisons announced that 365 jobs are at risk due to the closure of services like cafes and convenience stores.
- Chief Executive Rami Baitieh stated that Morrisons is trading in 'a challenging environment' and highlighted the hard work of the staff.
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The Scotsman+2 Reposted by 2 other sources
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·Scotland, United Kingdom
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Total News Sources46
Leaning Left2Leaning Right0Center15Last UpdatedBias Distribution88% Center
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- 88% of the sources are Center
88% Center
12%
C 88%
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