Business

Morrisons to shut 132 McColls stores putting hundreds of jobs at risk

Morrisons has said around 1,300 McColl’s workers are at risk of redundancy as part of proposals to shut 132 loss-making stores at the convenience chain it bought earlier this year.

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.

“I am confident that McColl’s can, in the Morrisons family, once again become a growing, thriving and vibrant convenience business serving local communities across the UK.”

Last month the Competition and Markets Authority gave a takeover of McColl’s by Morrisons the green light.

More follows…

Xural.com

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