Morrisons set to pull plug on new store

Morrisons, Newmarket ANL-150618-095307001
Morrisons, Newmarket ANL-150618-095307001
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Supermarket giant Morrisons looks set to pull out of plans to build a new store in Newmarket’s Exning Road.

Speaking to the Journal this week a spokeswoman for the Bradford-based company confirmed it was “reviewing its new store requirements” and as a result was looking at selling the Newmarket site.

“To help us undertake the review we have appointed property agents to fully explore all possibilities for the future of the Newmarket site,” she said. “We appreciate that the community is keen to see the site progress and we will be in a position to provide an update once we have concluded our review.”

Morrisons was given planning permission to build a new store on the former gasworks site back in 2013.

It proposed a 25,000 sq ft store with parking for 235 cars and the promise of between 250 and 300 new jobs.

However since then the company’s profits have tumbled and in March last year its then chief executive Philip Dalton announced the firm was to scale back its expansion plans and did not intend to build any more full-size supermarkets after 2015/16.

There is also a doubt that Tesco will proceed with its plan for a Tesco Express store in Newmarket High Street.

No one from the company was available to comment at the time of going to press.