More on Morrisons
Morrisons hails ‘broad based progress’ as profits and revenues jump
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
‘While it’s easy to blame the Budget, retailers shouldn’t let it become the new “unseasonable weather”’
While last week’s sad job cuts at Sainsbury’s and Morrisons highlight the increasing pressures on business from the Budget, retailers should avoid letting it become a catch-all excuse for underperformance.