Morrisons has cut the prices of hundreds of products including eggs, beef and nappies amid the rising cost of living.The UK’s fourth-largest supermarket said it has lowered the cost of more than 500 products – including refrigerated, frozen and store cupboard food, meat and cereal – accounting for around 6% of its total volume of sales.The move comes as shoppers are increasingly turning to cheaper own-brand products, while the cost of groceries is now 5.2% higher than a year ago, according to data analytics company Kantar.Morrisons chief executive, David Potts, said the price drops would make a noticeable difference to consumers.“We know that our customers are under real financial pressure at the moment and we want to play our part in helping them when it comes to the cost of grocery shopping,” he said.“These price cuts will have a noticeable and long-term impact on our customers’ budgets and demonstrate our commitment to offering them the best possible value.”A 30-pack of own-brand eggs will sell for £2.99 instead of the previous £3.40, while a pack of paracetamol will cost 29p, down from 65p.Shoppers can also buy a 430g pack of Morrisons British diced beef for £3.99 rather than £3.59, and a 33-pack of Nutmeg-brand nappies for £1.29, down from £1.40.More than 180 additional products have also been included in new promotions such as ‘buy two for £1.80’ on cereals, ‘buy two for £3’ on breaded chicken and ‘buy two for £5’ on ready meals.Along with Asda, Morrisons has been one of the supermarkets hardest hit by shoppers spending less, with Kantar saying the Bradford-headquartered supermarket saw sales drop 11.5% in the last three years.Don't miss the latest news from around Scotland and beyond.
Read more on dailyrecord.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.