Morrisons sales growth slows amid ‘highly competitive’ market (opens original article in a new tab)

Morrisons reported slower sales growth amid a highly competitive market, with total sales rising 1.7% and like-for-like sales growth dropping to 2.2%

• Morrisons sales growth slowed to 1.7% in the latest quarter
• Like-for-like sales growth decreased to 2.2% from 2.8%
• Morrisons plans to close 100 loss-making convenience stores due to cost pressures
• Morrisons aims to open hundreds more Morrisons Daily franchise stores