SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member ...
Read More »Wm Morrison warns war, inflation may hurt sales
Bloomberg WM Morrison Supermarkets warned that a deterioration in the geopolitical environment in Europe, rising inflation and waning consumer sentiment could hurt its sales and profit this year. Britain’s fourth largest grocer, recently acquired by US private equity group Clayton Dubilier & Rice LLC, said “increasing inflationary pressure†has affected the wider grocery market and its own performance since February, ...
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