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Why Morrisons might be about to close 100 convenience stores
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleHundreds of shop workers are understood to be at risk of redundancy as a result of the closures (PA)Morrisons is reportedly planning to close 100 of its loss-making convenience stores, citing mounting cost pressures attributed to "government policy". The convenience outlets earmarked for closure have been unprofitable for several years, according to reports from the Financial Times. Specific details regarding which stores will be affected, the number of staff impacted, or the exact government policies causing the pressure were not immediately disclosed. This decision comes as many retailers face increasing operational expenses, including rises in the minimum wage and last year's national insurance rate hike. The move follows a recent consultation over job cuts at Morrisons' Bradford head office and previous closures of various cafes, florists, fresh food counters, and some convenience stores. In fullMorrisons ‘set to close 100 lossmaking convenience shops’Thank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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mirror.co.uk
Major UK supermarket closing 100 stores with 'hundreds of jobs at risk'
Morrisons is reportedly planning to close around 100 branches of its own Morrisons Daily shops in the next few months leaving hundreds of workers facing uncertainty
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cityam.com
Morrisons blames Labour for closure of 100 lossmaking stores
Morrisons has taken aim at Labour policy for “significant cost increases" as it announced the closure of 100 lossmaking stores.
