Company Earnings UpdateMorrisons (LSE: MRW) 1Q20 Trading Update: Group Comps Below Expectations, Access to Ocado Erith Fulfilment Center Suspended Coresight Research May 10, 2019 Executive Summary Morrisons reported group same-store sales growth of 2.3% excluding fuel, below the consensus estimate of 2.5% recorded by StreetAccount. The company agreed with its online grocery service provider Ocado that Morrisons’ access to the new Erith customer fulfilment centre (CFC) will be suspended until January 2021. Ocado will no longer be Morrisons’ exclusive digital partner. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers’ Financial Sentiment Reaches New Peak; Facebook Slumps in Social Commerce: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2025, Week 11: US Store Openings Gain Momentum—Updates from BJ’s, Dick’s, Macy’s and MoreWeekly US Store Openings and Closures Tracker 2025, Week 14: Urban Outfitters Announces Expansion PlanUS Tariffs: Divergence Between Consumer and Business Sentiment and What It Means for Retail
