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: Weekly US and UK Store Openings and Closures Tracker 2025, Week 7: Aldi and Skechers USA Announce Store Expansion Plans; Joann To Close 500 StoresSentiment, Tariffs and Inflation—How Is the US Shopper Reacting? US Consumer Survey InsightsAnalyst Corner: Are You Ready for the Future of Physical Retail? Three Trends in US Retail Real Estate, with Anand KumarNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and Others
