Overview
- Morrisons proposed the closures on Friday, June 12, saying 100 mostly smaller Morrisons Daily shops will begin to close in July and will be phased over the coming months.
- The retailer said the review identified a number of stores acquired in its rescue of McColl's that have been loss-making for years despite remedial action.
- Morrisons cited 'significant cost increases' tied to government policy choices as a material factor behind the decision.
- The closures will cause local Post Offices housed in those shops to shut unless re-hosted by nearby retailers, and the company said affected staff may be offered alternative positions.
- Separately, Morrisons plans to grow its Daily convenience footprint through mainly franchise-operated openings, shifting expansion away from direct ownership.