Morrisons' price cut strategy leaves suppliers reeling
date:Jul 05, 2012
Morrisons summoned hundreds of suppliers to head office briefings on June 18 and said it was seeking to source greater volumes from fewer suppliers, to increase efficiency.

Suppliers said the supermarket was looking for discounts ofhalf a million poundsfrom each of its remaining suppliers under the new arrangements.

It has since emerged from suppliers that Morrisons wants to get new trading terms and product ranges in place on an urgent basis. One-to-one meetings between buyers and suppliers
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