Morrisons To Shut 100 Lossmaking Convenience Shops
Morrisons is planning to shut about 100 lossmaking convenience stores as the supermarket faces cost pressures it says have been worsened by “Government policy”. The shops set for closure have been unprofitable for years and were former McColl’s shops which the chain rescued in 2022, it said. The proposals will see stores closed in the next few months and hundreds of shop workers are understood to be at risk of redundancy. A spokesman for Morrisons said: “The performance […]
