Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / United Kingdom

Morrisons Plunges Into The Red

March 2006 | Company Finance Alert
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UK supermarket chain Morrisons has reported its first ever annual losses, for the year ending 29 January 2006. The company, which has a market share of around 11%, attributed its 'extremely challenging year' to the difficulties and costs involved in its acquisition of the Safeway grocery