Comment: Does Dalton Philips really deserve more time at Morrisons?
Video: Alex Lawson looks at whether Dalton Philips show be given more time at Morrisons have another slump in sales
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.There’s a familiar feel to the top of the City’s agenda today – Morrisons has recorded a slump in sales. This time out sales have fallen 6.3% on a like-for-like basis on the third quarter.
The Bradford-based supermarket, once the darling of the City, has suffered falling sales for two years as a combination of factors, not least the phenomenal rise of Aldi and Lidl, have hit performance.
In unveiling the latest set of ugly numbers, albeit a slowdown in the rate of falling sales, chief executive Dalton Philips has called for more time.
He has asked for two more years to turnaround the supermarket – but does he really deserve it?
Ultimately his strategy appears broadly right – opening more smaller shops, building online and tackling the discounters. But does it really say anything about why customers should shop at Morrisons and is three years fast enough given the torrid last two?
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments