Contracts exchanged with Somerfield
Supermarket group Morrisons is to offload a further four former Safeway stores, the grocer has disclosed.
The retailer has exchanged contracts with rival Somerfield to sell the four shops, which are trading under the Morrisons fascia.
The deal is worth£15,220,206 and is subject to OFT approval as well as landlord consent at two locations. The stores are located at Comely Bank, Burnside, East Craigs - which are all in Scotland - and Kings Heath, Birmingham.
All stores will continue to trade as usual until further notice. The grocer said: 'all staff will transfer to Somerfield on completion on their current terms and conditions of employment. Usdaw has been informed of these developments.'
If you have any comment to make on this story, click
No comments yet