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UK supermarket chain Morrisons fires CEO after weak X'mas sales
Published Wed, Jan 14, 2015 · 09:50 PM
London
BRITAIN'S crisis-hit supermarket sector claimed its first scalp of the year on Tuesday, as Wm Morrison ousted chief executive Dalton Philips following another plunge in Christmas sales at the country's fourth-largest grocer.
Morrisons said it would almost certainly look outside the company for a leader to return it to growth after it lagged larger rivals Tesco, Walmart's Asda and Sainsbury's under Mr Philips' five-year watch.
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