Morrisons Plans Closures, 365 Jobs at Risk in Scotland

Morrisons has announced plans to close several services, putting approximately 365 jobs at risk due to rising operational costs that exceed revenue. The closures will affect 52 cafes, 17 convenience stores, 18 market kitchens, 35 meat and fish counters, 13 florists, and four pharmacies. Chief Executive Rami Baitieh stated that these changes are essential for the supermarket's renewal and reinvigoration strategy, allowing them to focus investments on areas that customers value. While the majority of affected employees are expected to be redeployed within the company, the restructuring marks a significant shift for the UK's fifth-largest grocer. This move follows a review aimed at addressing significant cost increases faced by the chain. Morrisons continues to navigate the challenges of the retail landscape since being acquired by U.S. private equity firm Clayton, Dubilier & Rice in 2021.