Morrisons reports Q1 sales rise as wholesale arm launches

Bradford-headquartered supermarket Morrisons has seen total sales in the first quarter of 2018 rise 3.8%, during a period when it launched its wholesale business.  

Reporting on the 13 weeks to 6 May, Morrisons said its total group like-for-like sales were up 3.8% excluding fuel (2.1% including fuel). The supermarket's LFL transactions were up 4.6%, meanwhile the LFL items per basket dropped 6.9%.

During the period Morrisons became "open for business" as a wholesaler. The fir... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...