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Morrisons sales slide amid ‘challenging’ trading – Telegraph.co.uk, Telegraph.co.uk

Morrisons sales slide amid ‘challenging’ trading – Telegraph.co.uk, Telegraph.co.uk


Sales at Morrisons fell during its second half as “unusually challenging” trading conditions and customer uncertainty took their toll on the supermarket.

 

Like-for-like sales excluding fuel for the 22 weeks to Jan 5 were down 1.7pc compared with the same period last year.

 

It comes as a market share survey by Kantar showed that Morrisons was the worst-performing supermarket for the 29 weeks to Dec 728 with a 2.9pc decline in sales on the previous year.

 

Discounter Lidl topped the rankings with sales up 22. 3pc while the “big four” supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – all saw sales drop compared to 2019.

 

David Potts, Morrisons’ chief executive, said that it was an “unusually challenging …


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