The supermarket group faces a highly competitive market backdrop
The UK’s fourth-largest supermarket chain can proudly trace its roots back to 1899 when William Morrison first set up his stall trading eggs and butter in Bradford Market. Today the business operates from almost 500 stores across the country, most of which it owns freehold, and turns over more than £17bn a year. On 7 January Morrisons ( MRW ) reported like-for-like sales for the 22 weeks to 5...