Wednesday, 27 May 2026

Shadow over future of Morrisons Daily convenience stores as company battles to reduce debt mountain


An uncertain future beckons for Morrisons Daily convenience stores such as this one near Cleethorpes country park. The Bradford-based supermarket chain, which has been owned since 2121 by private equity firm Clayton, Dubilier & Rice, has recently revealed its intention to close some 100 such outlets across the UK as it struggles to  balance its books. At the end of the last financial year, its net debt is reported to have stood at £3.1-billion. 

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