• Business
  • Business News
  • Video
  • Contact
Aycliffe Today
Aycliffe Today
  • Business
  • Business News
  • Video
  • Contact
  • Follow
    • Facebook
    • Twitter
    • Youtube
Home
Business

Morrisons to close Shildon store

September 17th, 2015 Martin Walker Business 0 comments 0

Morrisons has revealed that its Shildon store will be one of 11 loss-making supermarkets to close as part of its efforts to revive the supermarket chain.

The grocer last week outlined plans to shut the stores just one day after agreeing a deal to offload 140 of its convenience stores.

Morrisons says the 11 store closures will put around 900 jobs at risk but has not outlined a timeline for when the shops will shut.

The Shildon store, near Newton Aycliffe, has been revealed among 11 nationally to close, including another at Northallerton and Castletown in Sunderland, but the firm’s Darlington store has survived the cull.

Morrisons has already shut 10 supermarkets this year, at the expense of 430 jobs.

The 11 new stores to close are:

• Burnham-on-Sea, Somerset
• Castletown in Sunderland
• Clevedon, Somerset
• Little Hulton, Greater Manchester
• Northallerton, North Yorkshire
• Oldbury, West Midlands
• Salford, Greater Manchester
• Shildon, County Durham
• Streatham, London
• Tyldesley, Greater Manchester
• West Bromwich, West Midlands

David Potts, who took the reins of Britain’s fourth biggest supermarket in March, axed 720 head office jobs just days after arriving at the retailer while swinging the axe on 45 members of the supermarket’s leadership team.

Mr Potts said the decision to close a further 11 shops was made with “great regret”, but said there was no way to make the loss-making stores viable.

He also said Morrisons was on a “long journey” to recovery after posting a halving in pre-tax profits.

 

Share it!

Facebook Twitter Google+ LinkedIn Pinterest
Next article Trampoline park opens at ROF 59 on Aycliffe Business Park
Previous article The County rooms get £25k boutique boost

Related News

Business

NC Group: Building the future workforce of Aycliffe’s engineering sector

Aycliffe Business Park is home to hundreds of thriving manufacturing and engineering businesses – but with...
Business

How Senstronics culture has nurtured life-changing career for Jack

From delivering pizzas in Stockton to managing a high-tech maintenance team, Jack Rickaby’s journey is...
Business

Strategic expansion for family firm as industrial suppliers set up shop in Aycliffe

A fasteners and industrial supplies business with a proud family history is investing in the future by...

LATEST VIDEO

This week on A.T

Sep 23rd 1:40 PM
Community

Fun and Food scheme benefits thousands of children in County Durham

Sep 22nd 4:18 PM
Business

NC Group: Building the future workforce of Aycliffe’s engineering sector

Sep 18th 4:49 PM
Sport

Newton Aycliffe Juniors round-up

Sep 18th 9:44 AM
Business

How Senstronics culture has nurtured life-changing career for Jack

Sep 17th 12:47 PM
Community

Helping to create thriving communities across County Durham

Sep 17th 10:30 AM
Business

Strategic expansion for family firm as industrial suppliers set up shop in Aycliffe

Sep 16th 9:01 PM
Sport

Aycliffe prepare for FA Trophy trip

Sep 16th 3:09 PM
News

Chaos reigns as Durham County Council announces new cabinet after just 100 days

Sep 16th 10:47 AM
Sport

Aycliffe Cricket round-up

Sep 15th 4:27 PM
Community

Newton Aycliffe school children celebrating new facilities

Recommend
Follow @AycliffeToday
  • Business
  • Business News
  • Video
  • Contact
  • Back to top
© Aycliffe Today 2019. All rights reserved.
Developed by Thrive

Get our latest news direct to your inbox every Friday - subscribe to our free e-newsletter today.

Subscribe Now