Morrisons to start exporting to Thailand as sales boom

By On September 13, 2018

Morrisons to start exporting to Thailand as sales boom

Morrisons’ burgeoning wholesale business is to take a bold step into foreign climes with a deal to supply Thailand’s Big C grocery store chain with a range of 100 of its own-branded products.

The deal is the first of its kind for Morrisons, which also supplies Amazon Fresh, Ocado, McColl’s and Sandpiper, the biggest grocer on the Channel Islands.

News of the tie-up came as Morrisons revealed a strong set of half-year results including a 6.2pc surge in like-for-like sales excluding fuel, the sharpest rise in nine years.

While pre-tax profits fell 29pc due to one-offs including a change in its accounting methods, they grew 9pc on an underlying basis to £193m.

The numbers cap a dramatic return to...

Source: Google News Thailand | Netizen 24 Thailand

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