Morrisons' market share has dipped below double figures to 9.9 per cent after sales fell 2.0 per cent in the 12 weeks to September 8.
Morrisons home shopping expansion comes after sales at established stores rose nearly 6% in the three months to 10 May, including a 10% jump in the last two weeks of the period. View recent trades and share price information for Morrison (Wm) Supermarkets (MRW) Ordinary 10p
The company is listed on the London Stock Exchange and is part of the FTSE 100 Index of companies. J Sainsbury PLC's market share also slipped, to 14.9% from 15.3%, but it similarly booked a double-digit annual sales rise. The latest Morrison (Wm) Supermarkets (MRW) Ordinary 10p share price (MRW).
Others are more bullish.
By Ros Snowdon Tuesday, 17th September 2019, 12:57 pm Sales were up 10% to GBP4.65 billion. Kantar’s Grocery Market Share data is derived from Worldpanel’s research covering the household grocery purchasing habits of 40,000 demographically representative urban households in China for their consumption at home. Sales were up 10% to GBP4.65 billion. All data is based on the value of items being purchased by these consumers. The company operates primarily in Great Britain and holds a 10.4 percent share of the grocery market as of May 2019. About Grocery Market Share China National. Morrisons' market share in August 2017 was 10.14%, down 0.86% from 2015 —behind Tesco (27.8%), Sainsbury's (15.8%) and Asda (15.3%) but ahead of Aldi (7%). Morrison has seen market share fall to 10.1pc, well below the 13.6pc combined share of the discounters.
The Morrison family currently owns around 10% of the company.