British supermarket Waitrose to close four stores; 124 jobs at risk

LONDON, Sept 16 (Reuters) – British supermarket chain Waitrose, part of the employee-owned John Lewis Partnership , plans to close four stores in December because it cannot make them profitable, it said on Wednesday.

The stores are in Caldicot, Wales; Ipswich Corn Exchange, eastern England; and Shrewsbury and Wolverhampton in central England. The Wolverhampton store is being sold to market leader Tesco.

Waitrose said 124 employees, or partners as it calls them, face the risk of redundancy, while 140 workers in the Wolverhampton store will transfer to Tesco.

“Sadly, we have not been able to find a way to make these shops profitable in the long-term,” said Bérangère Michel, the partnership’s executive director of customer service.

The Waitrose closures follow a July announcement from the partnership’s department stores arm that it would close eight stores, putting 1,300 jobs at risk.

After the closures, Waitrose will trade from 331 stores –

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Co-op supermarket plans green expansion of its UK stores this year

  • The Co-op is opening, or extending, 65 stores in the UK as part of its move to focus on local convenience retail.
  • The new stores will run on 100% renewable electricity.
  • Though it’s expanding its physical stores, in August the Co-op became the most widely available supermarket on Deliveroo in the UK.
  • Visit Business Insider’s homepage for more stories.

Britain’s sixth-largest grocer will create 1,000 new jobs with a plan to open, or extend 65 stores by the end of the year that will all run on 100% renewable electricity. 

As well as extending some existing branches, the Co-op said it will also overhaul more than 100 of its 2,600 stores as part of a £130 million ($172.8 million) investment plan.

Up to 12 new Co-op franchise stores will also launch by the end of 2020 with many on university campuses. This is part of the chain’s move to focus

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