Retailer continues deals to comply with OFT ruling
Morrisons has disposed of two Safeway stores. Lidl has been offered a shop at Dewsbury in West Yorkshire for£5.34 million. The deal is subject to approval by the Office of Fair Trading.

Meanwhile, Morrisons has surrendered the lease on a Safeway store on Bond Street in Leeds, which is to close on November 13. The book value of the net assets attributable to the store is£1.76 million.

Staff at the Dewsbury store will not be transferred to Lidl. They face the choice of going to another Safeway or Morrisons store or redundancy.

The retailer has agreed 45 out of 52 disposals it needs to comply with an OFT ruling.