UK retailer reaps benefits after major overhaul

Two years ago UK supermarket firm Morrisons was in turmoil as it wrestled with acquisition Safeway and racked up the first loss in its 106-year history.

The raft of problems encountered during the takeover led to veteran Sir Ken Morrison stepping down as day-to-day boss of the former family business, making way for the polished ex-Heineken executive Marc Bolland.