date:Dec 20, 2013
th trading on Boxing Day and New Years Day.
However, on the numbers we have here, it looks like Morrisons has left it too late and could well have to issue a profit warning.
The group was slow to open the local convenience store formats and is only now building up its online capability. This has left it exposed as sales in the core superstores have suffered from customers with falling real incomes and increased competition from discounters such as Aldi and Lidl.
Analysts at Shore Capital poin