The first wave of Morrisons Daily closures has been announced, with more than 100 stores expected to be shut down in the coming months. At one point, Morrison Supermarkets Limited had close to 500 supermarkets.
It has been plagued with losses in the last few months, resulting in closures of many stores even before the latest announcement. A spokesperson said, 'The performance of all company-owned stores across our Convenience business is subject to continuous review. Having completed the review, we are now proposing to take the tough but necessary decision to close a number of these stores over the next few months.'
