Morrisons hails sixth consecutive quarter of sales growth
The chain adds it is developing plans to "reinvigorate, refresh and strengthen" its operations
Source: thebusinessdesk.com
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The chain adds it is developing plans to "reinvigorate, refresh and strengthen" its operations
Morrisons reported a 6.5% rise in core earnings for its 2022/23 year, helped by an improving trend in underlying sales.
Morrisons has named Rami Baitiéh, formerly the boss of Carrefour France, as its new chief executive, succeeding industry veteran David Potts.
Proceeds to be used to ‘finance further investment’ as concerns grow over mounting debt burden since last year’s takeover
MORRISONS has today completed a sale and leaseback deal worth £220 million.