Fuel sales at Morrisons are up 5.4%, according to its quarter three results, contributing to an overall sales increase of 14.9%.

 

Like-for-like sales including fuel increased by 13.3% (8.1%

excluding fuel). Morrisons has gained a lot of publicity through its forecourts in recent weeks, sparking a price war by being the first to take the price of unleaded to less than £1 and then to 89ppl.

 

 

Chief executive Marc Bolland

said: "In this challenging economic environment more customers than ever

before are choosing Morrisons. Our industry-leading deals and unique fresh food offer have attracted over 700,000 new customers to our stores."

 

The company has also entered into a conditional agreement with the Co-operative Group to acquire over half a million sq ft of additional selling space through the purchase of 38 Co-Operative Food and former Somerfield stores, at a cost of £223.1m.

The acquisition is conditional on the successful completion of the Co-operative Group’s acquisition of Somerfield and certain competition approvals.