Supermarket Wars
Wm Morrison, Britain's fourth largest supermarket, has seen its share of Britain's grocery trade grow to a record high of 12.1% in the past three months, according to figures from analysts TNS Worldpanel.
Morrison's market share grew year-on year at twice the rate of the rest of the market, they say. It stood at 12.1% for the three months to 29 November against 11.7% in the same period last year.
However, Marc Bolland (didn't he used to be in T Rex?), its chief executive who has largely been credited with the supermarket chain's turnaround, has since stepped down to become the boss of Marks & Spencer. He's refused a company car as he had "a bit of an argument with a tree" in his last one apparently.
Morrison's market share grew year-on year at twice the rate of the rest of the market, they say. It stood at 12.1% for the three months to 29 November against 11.7% in the same period last year.
However, Marc Bolland (didn't he used to be in T Rex?), its chief executive who has largely been credited with the supermarket chain's turnaround, has since stepped down to become the boss of Marks & Spencer. He's refused a company car as he had "a bit of an argument with a tree" in his last one apparently.
