Morrisons' price cut strategy leaves suppliers reeling
date:Jul 05, 2012
are currently underway to discuss details.

One supplier, who wished to remain anonymous, told us:They are trying to keep the City happy. They want a quick improvement in their graphs for the quarter, but I can't see anything behind that. Strategy just seems to be all over the place. It's confusing.

'All over the place'

Analyst Philip Dorgan of Panmure Gordon said:This is the sort of thing people do when they are struggling, trying to get fewer suppliers and better buying terms. Suppliers oft
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