Supermarkets chain Morrisons said yesterday that its bid for Safeway and the ensuing publicity was continuing to encourage customers to visit its stores.
The group, which was scheduled to release a trading update at its annual meeting next Thursday, chose to update the market on its performance before meeting the Competition Commission on Tuesday.
Morrisons said like-for-like sales, excluding petrol, during the 14 weeks to 11 May, had risen 6.9%, up on market expectations of 6%.
References: Financial Times Money & Business 17/05/03 page 2, Daily Telegraph 17/05/03page 31, The Times Business 17/05/03 page 54, The Independent 17/05/03 page21