The principal activity of Wm Morrison Supermarkets PLC (MRWSF) ([[MRWSY]]) is the operation of retail supermarket stores and associated activities.
In 2015, then Wm Morrison chief executive Dalton Philips resigned after reporting declining like-for-like sales over the Christmas period. The turmoil was compounded when the dividend was chopped to 5p from 13.7p the year before. Investors hated Wm Morrison with a passion. In late 2016, disclosed short positions against the shares peaked at more than 19%.
Fast forward to today and the effort of an aggressive turnaround plan pursued by Philips’s successor David