Morrisons experienced like-for-like wholesale growth of 102% on a two-year basis, with the majority of the increase coming from McColl’s.
In the company’s latest results for the six months ending 1 August, the multiple saw like-for-like wholesale growth reach 36.7%, compared to 18.1% in 2019. It attributed the growth to an additional 230 McColl’s stores it has started supplying.
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Growth also came from new supply agreements with Spar wholesaler AF Blakemore, Unitas and forecourt groups Highland Fuels, Gardner Garages and Platinum Retail.
Elsewhere, the supermarket said like-for-like retailer growth during the two-year period was 6.4%, as “the eat-at-home and online grocery markets remained larger than in 2019”.
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