Morrisons to shut 132 loss-making McColl’s stores

Morrisons is planning to shut more than 100 loss-making McColl’s stores, putting around1,300 jobs at risk.
The supermarket chain announced in May that it had agreed to buy McColl’s out of administration for ยฃ190m.

The company said on Tuesday that there are 132 stores “where there is no realistic prospect of achieving a breakeven position in the medium term”. The chain said all staff at risk from the closures will be offered other roles.

Joseph Sutton, Morrisons convenience, online and wholesale director, said: “We have a great deal of work to do but there’s no question that McColl’s is a business with strong potential.

“I’m confident that the combination of McColl’s conveniently located stores and great colleagues together with Morrisons scale, brand, systems and fresh food expertise will lead to a transformation of the business.

“We very much regret the proposed closure of 132 loss-making stores but it is, very sadly, an important step towards the regeneration of the business.”

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