Pressure on spending begins to tell at Morrisons
Supermarket chain Morrisons saw like-for-like (LFL) sales decline in the first half of its financial year, which the group attributed to sustained pressure on consumer spending.
Supermarket chain Morrisons saw like-for-like (LFL) sales decline in the first half of its financial year, which the group attributed to sustained pressure on consumer spending.
LFL sales, excluding fuel and VAT, were down 0.9% in the half-year to July 29th from the corresponding period of last year, when LFL sales were up 2.2%.
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