Morrisons planning to close 100 stores in next few months
It said difficulties had been exacerbated by "significant cost increases resulting from government policy choices".
Coverage by Political Leaning
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Notable Quotes
"it was 'hypocritical' for the Treasury to ask supermarkets to cap prices when its policies were contributing to inflation."
— Justin King , Executive
"The decision as 'tough but necessary', with hundreds of jobs now understood to be at risk over the coming months."
— Morrisons , Executive
"The supermarket added that it will look to find openings for impacted staff elsewhere within its retail and manufacturing divisions 'where possible'."
— Rami Baitiéh , Executive
"It was 'hypocritical' for the Treasury to ask supermarkets to cap prices when its policies were contributing to inflation."
— Justin King , Executive
"The British supermarket sector is already highly competitive and called it 'hypocritical' for the Treasury to request price caps while its policies contribute to inflation."
— Justin King , Executive
"Labour's budget choices had made efforts to return the stores to profitability 'even more difficult'."
— Labour , Politician
"The performance of all company owned stores across our convenience business is subject to continuous review."
— Morrisons spokesman , Executive
"Morrisons insisted that it remained committed to and was on track with its convenience growth strategy, despite the closures."
— Rami Baitiéh , Executive
Key People
Group trading director at Morrisons.
Former boss of Sainsbury's.
A major political party in the United Kingdom.
Group retail director at Morrisons.
Former convenience director at Morrisons.
Morrisons is a British supermarket chain, one of the largest grocery chains in the UK.
An unnamed spokesperson for Morrisons discussing store closures.
Chief executive of Morrisons.
Tags
All Coverage
It said difficulties had been exacerbated by "significant cost increases resulting from government policy choices".
Morrisons plans to close over 100 convenience stores, citing significant cost increases due to government policy choices, leading to financial losses despite previous efforts to turn them around.

Morrisons announces the closure of over 100 convenience stores, attributing the decision to rising operational and policy costs, and the impact on Britain's retail sector and jobs.
Morrisons plans to close 100 stores over the coming months, blaming government policy choices for rising costs, with the affected convenience stores having been loss-making for some time and acquired through its McColls acquisition in 2022.
Morrisons plans to close 100 loss-making stores acquired via McColls, citing rising costs from government policies, following prior closures and job risks amid inflation and industry challenges.
Morrisons plans to close over 100 convenience stores, citing significant cost increases due to government policy choices, leading to financial losses despite previous efforts to turn them around.
Morrisons plans to close about 100 lossmaking convenience stores, citing cost pressures worsened by government policy, with affected staff entering consultation.
Morrisons' annual report and financial statements for 2016/17, detailing strategies for simplifying and speeding up the organization, including restructuring roles and introducing flexible working hours.
Morrisons is set to close 100 of its 'most challenged' Morrisons Daily stores, affecting hundreds of jobs, with the company citing government policy for rising costs.
Morrisons is reportedly planning to close 100 of its loss-making convenience stores, citing mounting cost pressures attributed to 'government policy'.
Morrisons plans to close 100 convenience stores, citing sustained financial losses and mounting costs linked to government policy decisions, particularly increases in the national living wage and employer National Insurance contributions.
Morrisons announces the closure of 100 Morrisons Daily stores, affecting hundreds of staff, citing government policy for rising costs and plans to find openings for impacted staff elsewhere within its retail and manufacturing divisions.
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