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UK grocer Morrisons to cut 2,600 store management jobs
date:Jun 18, 2014
se businesses.

Morrisons posted a 7.1 percent slump in first quarter sales, while this month the strategy of Chief Executive Dalton Philips came under attack from Ken Morrison, the son of the grocer's founder and a former boss

Shares in Morrisons, which have lost 29 percent of their value this year, were up 1.5 percent at 191 pence at 1306 GMT.

12/23 23:38