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Morrisons to shut 52 cafes and 17 stores | Morrisons to shut 52 cafes and 17 stores |
(32 minutes later) | |
Morrisons is under pressure to cut costs as it struggles to compete with other supermarkets | Morrisons is under pressure to cut costs as it struggles to compete with other supermarkets |
Supermarket chain Morrisons is to shut 52 cafes and 17 convenience stores putting hundreds of jobs at risk. | |
The retailer will also close a number of in-store services, like the meat and fish counters, pharmacies and its market kitchens at certain sites in an attempt to redirect cash to other parts of the business. | The retailer will also close a number of in-store services, like the meat and fish counters, pharmacies and its market kitchens at certain sites in an attempt to redirect cash to other parts of the business. |
It is expected the cuts will be rolled out over the next few months. | It is expected the cuts will be rolled out over the next few months. |
The retailer has come under significant pressure from the growth of discounter rivals, with Aldi overtaking Morrisons as the UK's fourth biggest supermarket chain in 2022. | The retailer has come under significant pressure from the growth of discounter rivals, with Aldi overtaking Morrisons as the UK's fourth biggest supermarket chain in 2022. |
Morrisons said most staff affected by the changes were expected to be redeployed, but around 365 employees would be at risk of redundancy. |