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'Stronger Momentum': Morrisons Hails Impact of World Cup and Hot Weather on Sales as Cost Savings Approach £1bn
The Bradford supermarket chain said lower prices and volume growth lifted quarterly sales while cumulative cost savings reached £995 million.
Summary by Yorkshire Post
6 Articles
6 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.
·Leeds, United Kingdom
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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 [...]
·London, United Kingdom
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Evening Standard+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.
·London, United Kingdom
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Total News Sources6
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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