Price cuts and a strong Easter boost Morrisons

'‹Morrisons has '‹announced'‹ better than expected sales '‹over the past three months, boosted by price cuts and strong trading over '‹Valentine's Day, Mother's Day and Easter.
Morrisons' chief executive David Potts said Morrisons is more popular and accessible for customers.Morrisons' chief executive David Potts said Morrisons is more popular and accessible for customers.
Morrisons' chief executive David Potts said Morrisons is more popular and accessible for customers.

The ​Bradford-based ​supermarket ​chain ​said like-for-like sales ​rose​ 3.4​ per cent​ in the three months to April 30,​ considerably ahead of analysts' expectations of 1.7 to 2.0 per cent growth. It was also an improvement on the previous quarter's 2.9​ per cent increase.​

Total sales​,​ excluding fuel​, rose​ 2.8​ per cent, reflecting the impact of last year’s store closures.

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Morrisons said it is attracting more customers although ​there was some inflation during the period, as imported food prices were affected by lower sterling.

​It introduced another wave of ​"​Price Crunch​"​ lower prices ​earlier​ this week.

​The group reported improved satisfaction levels, ​introduced ​shorter queues during the busiest periods such as Easter and ​a​ new ordering system​.

​It has extended its "The Best" range of ​upmarket products, which has appealed to more affluent customers.

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​It​ introduced a healthy eating ​"​Eat Smart​"​ range​ and said its​ new Nutmeg clothing ​w​omenswear offer was introduced into over 50 stores, and the Nutmeg brand was extended into baby and child accessories.

​It has also​ launched a new website, flowerworld.co.uk, offering a range of fresh bouquets for free next day delivery to customers anywhere in Britain​.

​In food, it introduced a new online and in-store "Food to Order" offer for Spring/Summer, enabling customers to pre-order for parties or other special events all year round.

It said that "Morrisons at Amazon" continues to grow, with the same-day and one-hour delivery service recently extended into more London postcodes.

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​The group's chief executive​ David Potts said:​ "​We are improving the shopping trip in many different ways, which is making Morrisons more popular and accessible for customers.

​"​These new initiatives in-store, online, in wholesale and services are beginning to build a broader, stronger Morrisons.

“We are confident we will continue to turnaround and grow Morrisons.​"