Morrisons Daily in Peach Street, Wokingham, is set to close as part of “.. changes and adjustments” at the supermarket chain.
The company has revealed it intends to make the changes to its stores and operations to accelerate growth, to optimise its operations and to help mitigate recent significant cost increases.
In a statement, the company said: “A wide-ranging review identified a number of areas where the costs of operations are significantly out of line with usage, volumes or the value that customers place on them.
“As a result, Morrisons is proposing a number of changes over the next few months, specifically the closure of 52 cafés, all 18 market kitchens, 17 convenience stores, 13 florists, 35 meat counters, 35 fish counters and four pharmacies.
“Although the significant majority of colleagues affected by these changes are expected to be deployed in suitable roles elsewhere in Morrisons, there will be a total of around 365 colleagues at risk of redundancy.“
Rami Baitiéh, chief executive of Morrisons, said: “The changes we are announcing are a necessary part of our plans to renew and reinvigorate Morrisons, and enable us to focus our investment into the areas that customers really value and that can play a full part in our growth.
“Although these changes are relatively small in the context of the overall scale of the Morrisons business, we do not take lightly the disruption and uncertainty they will cause to some of our colleagues.
“We will of course take particular care to look after all of them well through the coming changes.”