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Morrisons to close 11 supermarkets and sell off convenience stores in jobs threat to Plymouth workers

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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.

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