Global supermarket leader closing 17 stores, dozens of cafes
Several pharmacies will also close as a part of the sweeping change.
No matter where you look, the world is littered with eulogies for retailers that fell upon hard times.
Some of those retailers are closing up shop entirely. Retailers like Joann and Forever 21 have filed for Chapter 11 bankruptcy in recent months after struggling to generate enough profit to stay open.
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Both of these retailers are shuttering their U.S. stores and closing up shop permanently, unable to keep the lights on after the landscape has changed permanently — and not in their favor.
Other retailers are still hanging on.
Macy's, for example, is embarking on a full-scale turnaround tour.
Its Bold New Chapter strategy involves closing around 150 underperforming stores around the country by 2026. Some of its most iconic locations, including one in Los Angeles and Brooklyn, are shuttering as the mall retailer works to right the ship. 
Retailers are struggling everywhere
But retailers are not just finding a hard time operating in the U.S.
The United Kingdom also has its fair share of struggles.
The British Retail Consortium estimates that the cost of food will rise by approximately 4.2% by the second half of 2025.
And retailers are losing more money too, as the retailers are paying more for the national living wage, national insurance price hikes, and increased taxes on things like packaging materials.
“As retailers battle the £7bn of increased costs in 2025 from the budget, including higher employer national insurance, national living wage, and new packaging levies, there is little hope of prices going anywhere but up,” CEO of British Retail Consortium Helen Dickinson said.
Top grocer closing stores
That pinch is being felt by Morrison's, one of the U.K.'s top grocery stores.
The chain announced it will sunset several of its convenient in-store services, which include:
- 52 cafes
- 18 Market Kitchens
- 13 florists
- 35 meat counters
- 35 fish counters
- 4 pharmacies
Up to 365 jobs are at risk of being eliminated due to redundancies.
“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,” Morrison's CEO Rami Baitieh said.
Baitieh also called the closures a “necessary part of our plans to renew and reinvigorate” the store so it could grow things that “customers really value."
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