British BulletinBritish Bulletin
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
What's On

London landlords illegally advertise ‘Muslim only’ flat rentals

22 April 2026

Rachel Reeves declares ‘we belong in Europe’ as inflation rises and economic growth stalls

22 April 2026

‘Looks nothing like our beautiful Queen!’

22 April 2026

Dave Mason dies at 79 as tributes pour in for Traffic co-founder: ‘Lived a remarkable life’

22 April 2026

NBA play-offs: LeBron James shines for Los Angeles Lakers while Victor Wembanyama concussed

22 April 2026
Facebook X (Twitter) Instagram
Web Stories
Facebook X (Twitter) Instagram
British Bulletin
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
British BulletinBritish Bulletin
Home » Major supermarket to shut three stores as retailer posts £2.6million losses
Business

Major supermarket to shut three stores as retailer posts £2.6million losses

By britishbulletin.com19 February 20262 Mins Read
Major supermarket to shut three stores as retailer posts £2.6million losses
Share
Facebook Twitter LinkedIn Pinterest Email

Southern Co‑op has confirmed it will permanently close three food convenience stores on February 24 as the retailer faces mounting market pressures and rising operating costs.

The affected branches are on North Street in Bedminster, Bristol, at Moggs Mead in Petersfield, and on Salisbury Road in Blandford Forum.


A spokesman said: “As a result of sustained market changes and operating cost increases, we have taken the decision to sell three of our food convenience stores.”

The Bedminster store has traded for 15 years.

Permanent closures in Bristol, Petersfield and Blandford Forum

| GETTY

Southern Co‑op, which operates around 200 stores across 11 counties in southern England, stressed the closures do not reflect the performance or dedication of staff.

The retailer reported an operating loss of £2.6million in 2025, attributing the deficit to external pressures including retail crime, inflation‑driven cost increases and higher wage bills.

The spokesman said the closures form part of wider efforts “to optimise our store portfolio and strengthen our long‑term operating model given external challenges and competition”.

Convenience shops in town centres have faced increasing strain as consumer habits shift towards larger weekly supermarket trips and online grocery deliveries, while elevated energy bills and employment costs have added further pressure.

Southern Co‑op said it would work with employees affected by the closures to explore alternative roles within the organisation.

“While this may not be feasible for everyone, we are committed to supporting all impacted colleagues throughout this process,” the spokesman added.

The company also thanked customers for their loyalty and apologised for any disappointment caused.

The closures follow a wider restructuring programme announced in 2025.

A Co-op store sign

| PA/CO-OP

Southern Co‑op revealed plans to sell 22 directly operated convenience stores as part of efforts to strengthen its business model.

When buyers did not come forward, the company opted to shut the locations permanently.

The February closures come weeks after Southern Co‑op closed its New Forest branch in January as part of the same review.

The retailer, which runs more than 300 locations nationwide across its wider operations, said it remains committed to its remaining stores and to serving the communities in which it operates.

Supermarkets have reported strained finances operationally.

Rising staffing costs and food prices including cocoa and coffee following poor crops are contributing to tightening profit margins.

Retail is the UK’s largest private-sector employer, with hundreds of thousands of hourly paid staff in stores and distribution centres.

This leaves supermarkets acutely exposed to a restricted labour market and minimum wage legislation.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

UK inflation rises to 3.3% as Iran war takes toll on British economy

Britons rush to withdraw pension savings to avoid Rachel Reeves’s raid

Rachel Reeves braces for ‘severe’ hit to economy as UK faces £16bn borrowing cost SURGE amid US-Iran war

Quilter Cheviot’s top financial adviser reveals ‘major pitfall’ Britons face when it comes to money

Net Zero obsession from Labour has damaged UK economy, Mel Stride says: ‘Too little, too late!’

Royal Mail overhaul to roll back second-class postal delivery service despite £500m investment

Bank branch closures: Santander to close 26 sites in May 2026

State pensioners could claim free TV licence thanks to DWP benefit

Rachel Reeves’s cash ISA shake-up in chaos as uncertainty grows for millions of savers

Editors Picks

Rachel Reeves declares ‘we belong in Europe’ as inflation rises and economic growth stalls

22 April 2026

‘Looks nothing like our beautiful Queen!’

22 April 2026

Dave Mason dies at 79 as tributes pour in for Traffic co-founder: ‘Lived a remarkable life’

22 April 2026

NBA play-offs: LeBron James shines for Los Angeles Lakers while Victor Wembanyama concussed

22 April 2026

Subscribe to News

Get the latest Brittan News and Updates directly to your inbox.

Latest News

Planning row erupts as thousands protest against huge solar farm over fears it will destroy ‘beautiful’ English countryside

22 April 2026

Speaker urged to summon Keir Starmer to Parliament after ‘factually devastating’ Olly Robbins evidence

22 April 2026

UK inflation rises to 3.3% as Iran war takes toll on British economy

22 April 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 British Bulletin. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.