{"id":597833,"date":"2026-05-22T10:38:09","date_gmt":"2026-05-22T10:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/597833\/"},"modified":"2026-05-22T10:38:09","modified_gmt":"2026-05-22T10:38:09","slug":"morrisons-planning-to-close-100-stores-in-next-few-months","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/597833\/","title":{"rendered":"Morrisons planning to close 100 stores in next few months"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It also comes after it revealed last month that about <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cz677p23xljo\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">200 jobs were at risk<\/a> at its Bradford headquarters.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The supermarket chain said its proposal to take the &#8220;tough but necessary decision&#8221; to close more Morrisons Daily stores meant more staff would be at risk of redundancy and a consultation would start shortly.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">While Morrisons has not confirmed how many staff are at risk of redundancy, it is understood that hundreds of jobs will be affected.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A Morrisons spokesperson said the business would try to find other opportunities for the staff affected by the closures.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The chain has around 1,700 Morrisons Daily convenience stores and opened more than 120 franchise stores last year. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It also did not immediately specify which of those stores it was proposing to close, but said they were ones &#8220;whose performance has been challenged for a number of years and which are loss making, despite remedial action&#8221;. The affected stores are across the UK.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This situation has been exacerbated in more recent years by significant cost increases resulting from government policy choices, which have made returning these stores to profitability even more difficult,&#8221; it added.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It said it had a &#8220;robust expansion plan&#8221; for 2026, and saw the opportunity to open hundreds more franchise stores in the coming years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Many retailers have argued they have been hit with a wave of extra costs since April last year, including increased employer National Insurance contributions (NICs) and higher minimum wages.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In addition, food and drink companies are now charged for the cost to councils of recycling the packaging of some products, under the government&#8217;s Extended Producer Responsibility (ERP) programme.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Meanwhile, inflation has been above the Bank of England&#8217;s 2% target for some time. <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c4g0e0p4p2go\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">Newly-published inflation figures<\/a> show the annual rate of food price rises was 3% in April &#8211; higher than the overall rate of inflation of 2.8%. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">There have been warnings that food inflation in the UK could reach 10% by the end of the year due to the impact of the US-Israel war with Iran.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">This week multiple supermarket sources said the government had <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c5y7qz806q3o\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">urged them to voluntarily freeze the price of key groceries<\/a>, in return for an easing of regulations.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But the suggestion was met with a furious response by key figures in the industry.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The former boss of Sainsbury&#8217;s Justin King said the British supermarket sector was already highly competitive and it was &#8220;hypocritical&#8221; for the Treasury to ask supermarkets to cap prices when its policies were contributing to inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"It also comes after it revealed last month that about 200 jobs were at risk at its Bradford&hellip;\n","protected":false},"author":2,"featured_media":597834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-597833","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/597833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=597833"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/597833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/597834"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=597833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=597833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=597833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}