Morrisons to close 11 supermarkets with 900 jobs under threat


Struggling supermarket Morrisons has announced the closure of 11 supermarkets putting 900 jobs at risk as it reported its latest slump in profits.

Pre-tax profits for the half-year to August 2 fell 47% to £126 million while like-for-like sales for the period dropped 2.7% compared with the same period last year.

New chief executive David Potts said the group faced a "long journey" to turn around its fortunes.

It comes a day after Morrisons said it was selling 140 M local convenience stores for around £25 million to concentrate on its larger supermarkets.