Morrisons is shoppers' fresh choice

Nov 19 2009

Morrisons has offset disappointment over the imminent departure of its chief executive by revealing sales "well ahead" of its competitors.

The supermarket chain said like-for-like sales, excluding fuel and VAT, were up 4.3% in the 13 weeks to November 1, a slowdown from the previous period as falling food inflation took its toll.

Its trading update follows Wednesday's announcement that boss Marc Bolland is to defect to rival Marks & Spencer early next year.

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