Morrisons, a UK grocery chain, is set to close multiple stores and services as part of a restructuring plan. This includes 52 cafes, 18 market kitchens, 17 Morrisons Daily stores, 13 florists, 35 meat counters, 35 fish counters, and four pharmacies.
Rami Baitieh, chief executive of Morrisons, indicated that these closures are essential for the company’s strategy to rejuvenate the brand and focus on areas that offer greater customer value.
While indicating that most cafes will remain in operation, Baitieh noted that certain locations face distinct challenges that necessitate these closures.
- Why it matters:
- The restructuring of Morrisons may impact local employment and reduce shopping options in affected areas.
- For consumers, this may lead to reduced competition and varying prices depending on remaining grocery options.
- The latest: No new developments have been reported since the announcement of the closures.
Source: http://www.thisisthewestcountry.co.uk/news/25568164.morrisons-customers-stunned-receipt-2001-goes-viral/
Source: http://www.thisisthewestcountry.co.uk/news/25568164.morrisons-customers-stunned-receipt-2001-goes-viral/