UK's Morrisons purchases McColl's corner shops, closes 132 locations

LONDON, England: UK supermarket group Morrisons said it will close 132 unprofitable McColl's corner shops, eliminating as many as 1,300 positions.

Fifty stores that have Post Office counters will close next year, but the majority of the closures will take place this year, said officials.

The McColl's chain was bought out by Morrisons in May, but the agreement was not approved by the competition regulator