date:Jun 14, 2013
Morrisons, which trails Tesco, Wal-Mart's Asda and J Sainsbury in annual sales, has seen profits and market share dented by its late entry into online grocery and convenience stores, markets which are growing in Britain at about 16 percent and 20 percent a year respectively.
We've got great colleagues, we've got great stores and we've got a great balance sheet, so we have a platform to grow on, Chief Executive Dalton Philips told shareholders on Thursday at the firm's annual meeting in Bradford