Morrisons Attracts Record Customers

Thu, 19 Nov 2009

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Morrisons has announced that a record number of customers are choosing to shop at its supermarket stores .

The UK’s fourth-largest supermarket chain said an average of 10.8 million people visited its stores each week during the 3 months to November 1.

Like-for-like sales, excluding fuel and VAT, rose by 4.3 per cent over the 3-month period, less than the previous quarter and also slightly lower than the 4.6 per cent expected by City analysts, due largely to falling food inflation.

The news comes a day after the retailer announced that chief executive Marc Bolland will leave his post early next year to become the new head of rival Marks and Spencer .

Mr Bolland been credited with turning around the company’s fortunes since taking over in September 2006.

Commenting on the third-quarter trading figures, he said: "Morrisons continues to grow ahead of the market driven by our award winning combination of outstanding quality, fresh food and great value."

"I am pleased that more and more customers are attracted to Morrisons, as we continue our journey from national to nationwide."

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