Morrison’s struggling

26 Jan
Morrison’s profits are down and are selling stores.
Will they lose interest in the site at Sidmouth’s Alexandria Road Industrial site?

2 Responses to “Morrison’s struggling”

  1. Ron Roberts January 27, 2014 at 12:50 pm #

    Why should they? afer all it is very clear that many of the big companies do not own the freehold on their stores but still go on operating the sites

    • sidmouthsid January 28, 2014 at 10:19 am #

      Morrisons are emphasising that they are to invest in small stores and on-line shopping. These are not the circumstances in which they are likely to pursue complex and unpopular sites like Alexandria Rd Industrial Estate, especially when they are also looking at Middlemoor and Honiton.

      But if they do drop their interest in Sidmouth, another company may well take their place!

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