ELEVEN Morrisons supermarkets are to close as part of cost-cutting plans that could lead to 900 job losses.
The retail chain is also to sell off its convenience stores - such as those on Plymouth's Mutley Plain - as part of the cuts planned.
It is part of plans to overhaul the business after Morrisons posted a 47 per cent drop in half yearly profits before tax of £126million.
It is selling 140 loss-making "M" local convenience stores for about £25million.
They are to be rebranded as "My Local" and staff will keep their jobs.
It is not thought the two Plymouth Morrisons superstores - at Outland Road and at Plymstock - will be affected.
↧
