- Morrisons is reportedly planning to close 100 of its loss-making convenience stores, citing mounting cost pressures attributed to "government policy".
- The convenience outlets earmarked for closure have been unprofitable for several years, according to reports from the Financial Times.
- Specific details regarding which stores will be affected, the number of staff impacted, or the exact government policies causing the pressure were not immediately disclosed.
- This decision comes as many retailers face increasing operational expenses, including rises in the minimum wage and last year's national insurance rate hike.
- The move follows a recent consultation over job cuts at Morrisons' Bradford head office and previous closures of various cafes, florists, fresh food counters, and some convenience stores.
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