Morrisons has sold the Safeway store in Dewsbury, West Yorkshire to hard discounter Lidl. The book value of the store and its assets is £5.34m and Morrisons has said that the offer from Lidl is line with its expectations.
Staff at the store will not be transferring to the new owner as Lidl plans to develop the site over a period of time.
Morrisons is also surrendering the lease on the Safeway store at Bond street, Leeds. The store will now close on November 13. Staff at both stores have been offered a choice of three options: transfer to another Safeway store, move to a Morrisons store, or redundancy.
These stores are part of the 52 stores Morrisons has been ordered to divest by the Office of Fair trading in December 2003, following the deal to acquire Safeway.
Staff at the store will not be transferring to the new owner as Lidl plans to develop the site over a period of time.
Morrisons is also surrendering the lease on the Safeway store at Bond street, Leeds. The store will now close on November 13. Staff at both stores have been offered a choice of three options: transfer to another Safeway store, move to a Morrisons store, or redundancy.
These stores are part of the 52 stores Morrisons has been ordered to divest by the Office of Fair trading in December 2003, following the deal to acquire Safeway.
No comments yet