// The Morrisons located in Crawley, West Sussex, is shutting down
// The store has been open only 5 years
// 128 jobs will be affected by the closure
Morrisons’ prominent town centre store in Crawley is set to close down after just five years of operation, affecting 128 employees.
According to Crawley News 24, staff at the West Sussex store were informed about the closure yesterday.
Morrisons have since released a statement confirming it will be going through a consultation process with affected employees to discuss how to reduce redundancies.
It’s understood that the Big 4 grocer’s Crawley branch had to cope with issues plaging the local retail scene despite the store’s prominent location in the town centre and easy parking.
“As we continue to focus on building a broader, stronger Morrisons we are constantly reviewing opportunities for new stores and the performance of our existing estate,” a Morrisons spokesperson told Crawley News 24.
“We are planning to invest in four new stores this year and are today, regrettably, proposing to close our Crawley store.
“We will now be going through a consultation process at the store and will be discussing how to reduce redundancies and, where possible, redeploy our highly valued colleagues within the business.”
While this particular Morrisons store is closing down, the retailer as a whole is performing well.
According to its results for the full-year ending February 3, underlying pre-tax profits came in at £406 million – an 8.6 per cent year-on-year uplift.
Operating profit before exceptionals was £465 million, a 4.5 per cent year-on-year increase.
This marked Morrison’s third straight year of profits.