Morrisons: Supermarket chain achieves strongest like-for-like growth for three years

Morrisons has revealed an acceleration in sales growth for the past quarter amid efforts from new bosses to revitalise the supermarket chain.

Transcript

00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.

00:05 I bring you some breaking business news.

00:07 The Bradford-based supermarket chain Morrisons has today updated investors on its first quarter performance.

00:15 In the update, Morrisons says it achieved its strongest quarterly like-for-like sales growth for three years,

00:22 with seven consecutive quarters of like-for-like sales improvements.

00:27 Its total sales, excluding fuel, were £3.9 billion, which is an increase of 3.9%.

00:35 It also said that its key customer satisfaction metrics were improving strongly,

00:41 with complaints more than halved in the last 20 weeks.

00:44 It also said that the McCall's conversion programme is nearing completion,

00:48 with more than nine of the ten McCall stores now converted to Morrisons dailies.

00:54 It's an update from the Bradford-based supermarket chain Morrisons,

00:57 which says it's achieved its strongest like-for-like sales growth for three years in the first quarter.

01:04 My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.