Morrisons gain customers, but not sales

Britain’s fourth largest supermarket chain has gained substantially in the number of customers, but not in overall retail sales, according to their latest trading update. Morrisons reported an increase of around 80,000 customers per week in the six weeks up to January 2012, but like-for-like sales rose only 0.7% as opposed to the anticipated 2% or more.

Finance director Richard Pennycook said that the government needs

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