- 3 updates
Morrisons has blamed its "disappointing" sales performance over the festive period partly on "hard pressed consumers increasingly shopping to a budget" and partly on the rise of "other channels" - such as online retail.
- Improve promotional innovation
- Communicate points of difference (with its competitors)
- Accelerate other shopping channels, such as online and convenience
Commenting on "disappointing" trading figures over the festive period, Morrisons chief executive Dalton Philips said:
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It is a vital time of year for our biggest retailers, who are also some of our biggest employers.