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Published 8 days ago • loading... • Updated 5 days ago
Morrisons Planning to Close 100 Stores in Next Few Months
The closures target loss-making former McColl’s stores as Morrisons tries to move affected workers to other roles and keep expanding its convenience business.
Morrisons plans to close around 100 loss-making Morrisons Daily stores, mainly former McColl's locations, in the coming months following a strategic review of shop performance.
Staff at affected stores have been consulted and will undergo a consultation period, with Morrisons aiming to offer alternative roles across its supermarkets, logistics, and manufacturing divisions where possible.
Despite the closures, Morrisons continues to expand its Convenience sector by opening hundreds of new franchise Morrisons Daily stores over the next few years.
The closures follow a strategic review driven by challenging trading conditions and increased costs, prompting Morrisons to restructure and improve the profitability of its Convenience estate.