Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Anna Wise

Morrisons ‘set to close 100 lossmaking convenience shops’

Supermarket giant Morrisons is reportedly planning to shut 100 of its loss-making convenience stores, attributing the decision to mounting cost pressures caused by "government policy".

The outlets set for closure have all been unprofitable for several years, according to the Financial Times.

Specific details regarding the stores earmarked for closure, the number of staff who may be impacted, or the precise government policies in question were not immediately available.

However, the move comes at a time when many retailers are grappling with rising operational expenses, including increased minimum wages and last year's national insurance rate hike.

Morrisons was not immediately available for comment.

The retailer operates approximately 1,700 convenience shops alongside its 500 supermarkets, employing around 95,000 people.

This latest development follows a recent consultation over job cuts at its Bradford head office, affecting less than 10 per cent of staff there.

Morrisons has also previously closed various cafes, florists, fresh food counters, and some convenience stores as part of a wider shake-up that resulted in hundreds of job losses.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.