Morrisons reveals growth ‘well ahead’ of rivals

Author: By Kelly Macnamara, Press Association

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

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Falling shop price inflation provides fillip to consumers

Author: By James Thompson

The British Retail Consortium said that shop price inflation fell by 0.1 per cent in the year to September, driven largely by deflation in non-food items.

Stephen Robertson, director general of the BRC, said: “More good news for customers. Prices for non-food goods have been deflationary for ten consecutive months now with clothing, electricals and furniture showing the biggest falls as retailers discount to generate sales.”

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Morrisons goes after foodies with non-food revamp

Author: By James Thompson

The shift demonstrates how Marc Bolland, the chief executive of Morrisons, is
beefing up the grocer?s food credentials, under the ?food specialist for
everyone? slogan. It also shows that Mr Bolland – the former Heineken
executive who took the helm at Morrisons in September 2006 – is resisting
calls from certain quarters to aggressively expand into non-food, in
contrast to Tesco, Asda and Sainsbury?s. Morrisons declined to comment.

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