date:Mar 14, 2014
co also has 1,601 Tesco Express stores.
In his four years as CEO, Philips has focused on Morrisons fresh-food offering, promoting the provenance of its fresh meats and revamping the stores with in-store butchers, fishmongers, cheese counters and produce presented in wooden crates and baskets.
So far it hasnt worked. While German discounter Aldis sales growth accelerated to a record in the last 12 weeks, Morrisons revenue fell 3.2% and its market share declined to 11.1% from 11.8% for the same