date:Mar 19, 2014
h at discounters Aldi and Lidl, while upmarket chains Waitrose and Marks Spencer are also gaining share.
Last week No. 4 supermarket group Morrisons posted its lowest annual profit for five years, issued a huge profit warning and sparked fears of an industry price war after saying it would invest 1 billion pounds ($1.7 billion) in price cuts over three years to win back customers from discounters.
Its statement, which followed price cutting moves from Tesco and Asda, wiped over 2 billion poun