Morrisons to close 100 UK stores
Analysis based on 17 articles · First reported May 21, 2026 · Last updated May 22, 2026
The closure of 100 Morrisons Daily stores by Morrisons is expected to have a negative impact on the company's stock price due to the write-down of assets and potential job losses. It also highlights the challenging retail environment in the United Kingdom, exacerbated by government policies and inflation, which could affect other retailers.
Morrisons is set to close approximately 100 of its Morrisons Daily convenience stores across the United Kingdom in the coming months. These stores, primarily former McColl s outlets acquired in 2022, have been deemed unprofitable despite significant investment and rebranding efforts. The company attributes the closures to long-standing financial difficulties exacerbated by significant cost increases resulting from United Kingdom government policy choices, such as higher minimum wages and National Insurance contributions. The decision will put hundreds of jobs at risk, although Morrisons plans to offer alternative roles where possible within its supermarket, logistics, and manufacturing divisions. Despite the closures, Morrisons, under Chief Executive Rami Baitiéh, plans to continue expanding its convenience business by opening hundreds more franchise stores. This move follows previous cost-cutting measures, including job cuts at its Bradford headquarters and the closure of cafes and other convenience stores.
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