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Insider UK
Insider UK
Business
Henry Saker-Clark & Peter A Walker

Morrisons to shut 132 McColl’s stores - with 1,300 jobs at risk

Around 1,300 jobs are at risk at McColl's after Morrisons revealed proposals to shut 132 loss-making stores in the convenience chain it bought earlier this year.

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

On Tuesday, Morrisons unveiled plans to overhaul the convenience retailer after competition regulators said last week that they were set to clear the takeover.

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