Morrisons delivers consistency in Q3 numbers
UK supermarket group Morrisons reported Q3 LFL sales growth of 3.2%, its 15th consecutive quarter of growth, with total sales of GBP4.10 billion. The retailer said volumes and sales outpaced the market, increasing its market share, while online sales grew by double digits. Morrisons opened 71 Daily franchise outlets this year and delivered GBP53 million of quarterly cost savings, taking cumulative savings to GBP995 million. (Morrisons)
