EXCLUSIVE-UK supermarkets may cut services to stay open as coronavirus spreads - sources [Reuters]
WM MORRISON UNSP/ADR (MRWSY)
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Source: Reuters
Exclusive: UK supermarkets may cut services to stay open as coronavirus spreads - sources LONDON (Reuters) - Britain’s major supermarkets are working on plans to streamline their operations by cutting cafes, counters and other services to enable a depleted workforce to maintain basic provisions during the coronavirus outbreak, industry sources told Reuters. The country’s supermarket sector, including market leader Tesco ( TSCO.L ), Sainsbury’s ( SBRY.L ), Asda ( WMT.N ) and Morrisons ( MRW.L ), has struggled for more than a week to keep shelves stocked as shoppers panic-buy items such as dried pasta, canned food, toilet rolls and hand sanitizer. Shop bosses have said trading levels have been close to those seen in the pre-Christmas rush, the busiest time of the year. Online grocery operations have also been running at capacity. Executives are working on plans to keep the stores running if large numbers of their staff become ill or if the outbreak forces the closure of nurseries
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