Some 1,300 McColl’s jobs at risk after new owner Morrisons reveals plans to shut 132 loss-making stores

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Nearly 1,300 McCall’s jobs have been put at risk after Morrisons disclosed proposals to close 132 loss-making stores at the convenience chain it bought this year.

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The supermarket sealed a deal in May to buy its troubled rival for £190m in a rescue deal.

After competition regulators said last week they were ready to approve the purchase, Morrison has unveiled plans to overhaul the firm.

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Acquisition: Morrisons sealed a deal in May to buy its troubled convenience store chain for £190m in a rescue deal

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The owners expect some of McCall’s stores to return to profitability as part of its turnaround.

Bradford-based Morrisons, which was bought last year in a deal worth £7bn, said the closure plan would offer all employees at risk a role elsewhere in the company.

It will also convert McCall’s stores into its own Morrisons Deli brand.

Morrison facility, online and wholesale director Joseph Sutton said McCall had ‘strong potential’, but added: ‘We have a lot more work to do.

‘We deeply regret the proposed closure of 132 loss making stores, but this is an important step towards the upliftment of the business.’

Credit: www.thisismoney.co.uk /

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