Morrissons to shut stores

[TJC1 10]

http://www.bbc.co.uk/news/business-34206257

 

Those m stores are poor, but the hyper stores are pretty good.

I get the impression a modern re branding would work...

[Gamston 10]

Morrisons has been on a downward spiral since Ken Morrison vacated his position about 6 or 7 years ago .

[Resident 1,185]

All caused by over-saturation of the market.

 

Too many little stores 10 yrds apart.

 

In the village I grew up in there are now 3 mid-sized Co-ops.

[alchresearch 213]

I avoid them because the food is dearer. At least my Tesco express prices stuff the same as in the big stores.

[Fudbeer 12]

They made big mistakes some years back.

 

Not getting into online till very late on and same with convenience and because many of the best sites were taken they took stores in poor locations.

 

Now when the industry is suffering because there are too many stores and the discounters are taking market share they are feeling it hard.

 

Its a battle for survival now and would not surprise me if they were broken up and sold.

 

Sad story they were really successful at one time.

[geared 302]

I agree they were stupidly late into online, and I don't think I've ever come across an M Local stoe.

 

You see loads of the Tesco express ones, even at Petrol stations (which is a brilliant idea)

 

It's a pity because the big stores are great.

[ricgem2002 11]

maybe the laid off employees will be took on by the likes of lidl/aldi/netto etc

[apelike 10]

maybe the laid off employees will be took on by the likes of lidl/aldi/netto etc

 

I think these store are just being taken over so I don't think the employees will be out of a job. The stores will still exist but not under the Morrisons name.

[alchresearch 213]

There are two M related stories, this one is about the closure of 11 "full size" stores.

[geared 302]

There are two M related stories, this one is about the closure of 11 "full size" stores.

 

ah thats why it's confusing, also that story mixes in the previous news about M Local which I'm guessing most people saw the other day.

 

Are they going to list the closing stores??

[TJC1 10]

I agree they were stupidly late into online, and I don't think I've ever come across an M Local stoe.

 

You see loads of the Tesco express ones, even at Petrol stations (which is a brilliant idea)

 

It's a pity because the big stores are great.

 

Theres an M local store on abbeydale rd.

its not very good and expensive for certain items.

[apelike 10]

There are two M related stories, this one is about the closure of 11 "full size" stores.

 

Ah I see, thought it was about the smaller ones.