Safeway plc turnaround will work, Morrison says

03/19/2004 | Financial Times (free content)

Sir Ken Morrison, whose Wm Morrison Supermarkets took over Safeway plc recently, said improving performance at the newly acquired stores would be "a long hard slog." Sales at the Safeway stores fell 4% last week, but Morrison assured investors they would see signs within six months that the integration of the two companies was working.

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