Morrisons today reported a 10% fall in first half profits while like-fo. Chief executive Dalton Philips explains how the retailer is improving its supermarkets, opening more convenience stores and investing in online to recover sales.

Dalton Philips on his strategy

Morrisons takes the axe to investment in supermarkets

Morrisons takes the axe to investment in big stores

Morrisons is to slow the pace of new supermarket openings in another sign that the race for big grocery store space is over.