Retailer faces high debt repayments after selling petrol forecourt business last year
Retailer faces high debt repayments after selling petrol forecourt business last year
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Supermarket struggles with rising interest rates, IT overhaul and ‘challenging trading’
Morrisons has taken aim at Labour policy for “significant cost increases" as it announced the closure of 100 lossmaking stores.
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Asda also reported that like-for-like sales slipped 3.1% lower year-on-year, excluding fuel.
Morrisons has announced plans to shut 100 of its stores, citing "significant cost increases" from Government policy and…
Boss Rami Baitieh nevertheless said he was ‘pleased’ by the latest performance.
