Overview

• Morrisons cut 3,600 roles across stores, manufacturing, distribution and head office, reducing its workforce from 104,819 to 101,144.
• The chain closed 17 convenience outlets and shuttered over 50 in-store cafés, 35 meat and fish counters and 18 Market Kitchen food courts in early 2025.
• Its £1 billion cost-saving programme restored a £2.1 billion pre-tax profit for the year ending October 27, 2024, reversing a £919 million loss in 2023.
• Underlying EBITDA rose 7.2 percent to £344 million in the first half of 2025 as competitive pricing, promotions and loyalty rewards boosted sales.
• The company has reallocated investment toward core, high-value offerings, prioritising technology rollouts and streamlined in-store ranges.