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Daily Mirror

Business

Levi Winchester

Morrisons to shut 132 'loss-making' McColl's stores - putting 1,300 jobs at risk

McColl Morrisons

Morrisons has announced plans to shut 132 "loss-making" McColl's stores as it warned 1,300 jobs are at risk of being axed.

The supermarket confirmed it would purchase the failing convenience store chain in May this year, as part of a £190million rescue deal.

It comes after McColl's crashed into administration under the weight of a reported £170million worth of debt.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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