Morrisons ‘lost touch with core customers’: City
date:Jan 08, 2013
clear diagnosis of the problems and acredible prognosis for self-improvement.

Shirley and Black predicted that reaching such a position could take some time and possibly involve material investment in trading margin.

Shore Capital retained its sell advice on Morrisons stock.

Morrisons ceo Dalton Philips said: In a difficult market our sales performance was lower than anticipated, but we have a strong business and significant opportunities to advance our strategy, as we accelerate our multi-c
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