Morrisons is to close its store in Northallerton, putting around 70 jobs at risk, as part of its decision to close 11 loss-making, smaller sized superstores as it tries to turn the business around.
A spokesman aid: “We have looked extremely carefully at whether our store in Northallerton can be turned around but unfortunately we cannot see a way of making it viable.
“We are therefore proposing its closure. We are consulting with colleagues and unions and we will be discussing how to reduce redundancies and redeploy colleagues around our business.”
Bradford-based Morrisons said it is unclear when the store will shut. There will be a minimum 45 day consultation with staff and unions.
The closure will come as a blow for the North Yorkshire market town after its Homebase store closed earlier this year and the news that B&Q will shut its doors next year.
On Thursday Morrisons warned that its recovery will take “years not months” as it announced the closure of 11 supermarkets, putting 900 jobs at risk.
The news came as the group announced a 47 per cent slump in half year profits to £126m - its lowest level in nine years - after disgruntled shoppers switched to discounters Aldi and Lidl.
The group has brought in former Tesco boss David Potts to revive its fortunes, but he warned that there would be no quick fixes.