Morrisons to close 132 McColl's stores putting jobs at risk

[anonymous]

Morrisons to close 132 McColl?'s stores putting jobs at risk

Morrisons says it plans to close 132 of its loss-making Mc Coll's convenience stores, putting 1,300 jobs at risk.

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It comes after the supermarket chain agreed to buy Mc Coll's out of administration in May.

Workers who could be made redundant will be offered jobs elsewhere in the business, the grocer said.

Morrisons now plans to convert most of its remaining Mc Coll's stores into Morrisons Daily shops as it tries to revive the chain's fortunes.

There are currently 1,164 Mc Coll's stores trading, 286 of which operate under the Morrisons Daily brand.

Morrisons said all of the stores set to close were "loss-making" and had "no realistic prospect" of recovering soon.

The shops are distributed around England, Scotland and Wales.

The majority will be closed "in an orderly fashion" over the rest of this year, it added.

The grocer said workers at risk of redundancy "will be offered alternative employment at a nearby Mc Coll's store, Morrisons store, logistics operation or food-making centre".

Out of the stores that will close, 55 have a Post Office counter.

Morrisons said it would will delay the closure of these stores until next year to let them serve local communities during Christmas "and to allow the Post Office additional time to make alternative arrangements".

Last week competition regulators cleared Morrisons to buy Mc Coll's.

The supermarket chain had already said it would sell 28 Mc Coll's stores to overcome competition concerns.

Mc Coll's is a business "of significant scale", Morrisons added, with an annual turnover of £1.2bn. It accounts for about 0.8% of the UK grocery market, it added.

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