Morrisons like-for-like sales down 1.8 per cent as Ocado talks continue

(Source: Reuters)

Supermarket Morrisons has released an interim management statement for the 13 weeks to 5 May (release). The company saw like for like sales down by 1.8 per cent (2.6 per cent including fuel).

The retailer announced that plans to launch its online food operations by January 2014 are progressing as talks with Ocado continue.

Chief executive Dalton Philips:

We have made a solid start to the year, with our sales performance improving since the last quarter. Our promotions have been more innovative and we are explaining Morrisons points of difference more effectively. These efforts were further reinforced by the horsemeat scandal which helped drive increasing customer recognition of Morrisons unique supply chain and approach to meat sourcing.