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Morrisons to close four stores, 400 jobs at risk

Morrisons to close four stores, 400 jobs at risk

On this episode of Talking Shop, we are joined by Nikki Baird, Vice President of Strategy and Product at Aptos. Nikki has spent decades separating technology hype from real-world consumer behavior. Today, we delve into the emergence of the "dark funnel" and how LLMs like ChatGPT are disrupting traditional retail search pipelines, breaking retail media networks, and forcing retailers to their re-evaluate product landing page.

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Morrisons is to close four stores putting 400 jobs at risk it has confirmed.

The ‘Big Four’ grocer revealed stores in Crawley, its Regents Circus store in Swindon, Shirley in Solihull and its Ince store in Wigan are all set to close following a review of its portfolio of 494 stores.

Morissons said that it would consult with the staff affected by the closures with aims of redeploying them where possible.

Reports suggest around 128 members of staff are set to be affected at its Crawley store, with around 113 cuts expected in Swindon.

A spokesperson for the firm said: “We are constantly reviewing opportunities for new stores and the performance of our existing estate. We are planning to invest in four new stores this year and we are regrettably proposing to close four.

“We will now be going through a consultation process at the stores and will be discussing how to reduce redundancies and, where possible, redeploy our highly valued colleagues within the business”.

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