Supermarket giant

Supermarket giant Tesco is still recovering from a shock profit warning in January and recently announced a 1.5% decline in like for-like sales However, Morrison has been the most serious. Kantar Worldpanel latest industry data shows, in Tesco, Sainsbury and Louboutin UK, Morrison than slow sales growth. Morrison hopes proportionally larger stores and focus on expanding its’ M local convenience stores, particularly in London plan to reverse this situation. Part of it, hoping to save £ 200 million capital expenditure program in the next two years.

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