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Birmingham Post
Birmingham Post
Business
Jon Robinson

Morrisons puts 1,300 McColl's workers at risk of redundancy with plans to shut 132 stores

Around 1,300 McColl's workers have been put at risk of redundancy as part of proposals from Morrisons to shut 132 loss-making stores at the convenience chain it bought earlier this year.

The supermarket giant rescued McColl's earlier this year in a £190m deal when it was on the brink of collapse.

Bradford-based Morrisons, which is owned by US private equity firm Clayton, Dubilier & Rice, announced on May 9 that it had acquired all of McColl’s 1,160 stores, which include 270 Morrisons Daily format stores, saving 16,000 jobs. It beat a rival bid by the billionaire Issa brothers' EG Group.

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