Morrisons CEO: Christmas trading 'lower than anticipated'

Commenting on "disappointing" trading figures over the festive period, Morrisons chief executive Dalton Philips said:

In a difficult market our sales performance was lower than anticipated, but we have a strong business and significant opportunities to advance our strategy, as we accelerate our multi-channel offer.

– Dalton Philips, morrisons ceo

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Morrisons unsure of online sales

Morrisons' like-for-like sales in the six-week period up to December 30 were down 2.5% on the previous year. The supermarket chain told ITV News "no final decision has been made" on moving to sell groceries online as they are unsure of their benefits