Morrisons Christmas trading beats rivals
Morrisons has reported “strong” Christmas trading, with sales up 11.2% in the six weeks to 3 January.
The figures are head of figures from rival supermarkets Sainsbury’s and Tesco over the Christmas trading period.
Like-for-like sales at Morrisons were up 6.5% during the period.
Sainsbury’s reported like-for-like sales up 4.2% in the 13 weeks to 2 January, while Tesco’s like-for-like sales rose 4.9% in the six weeks to 9 January.
Morrisons chairman, Sir Ian Gibson, says: “Morrisons has had another strong Christmas. Once again our distinctive offer, eye-catching promotions and relentless focus on our core strengths of fresh food and great value combined to help customers have a great Christmas. This has enabled Morrisons to finish the year strongly and although we remain cautious on the economic environment and consumer spending, we look forward to further progress in the coming year.”
The chain is yet to appoint a replacement for chief executive Marc Bolland who left Morrisons to join Marks and Spencer last year.
