Morrisons, Poundland and River Island confirm more closures in 2026
A Morrisons representative explained: "Since the restructuring of the Rathbones business in early 2025 the team have been working hard to try and build a future for the business as a smaller, more focused supplier of specialist bakery products. Since then, the trading conditions in the bakery market have become even more challenging and despite a tremendous effort by the whole team to develop new markets, volumes and sales have declined significantly, exacerbated by the loss of a large third party customer, with cost increases and the return of inflation also having a significant impact on the competitiveness of the business. As a result, the sales performance has fallen well below that envisaged by the recovery plan, with the business continuing to report significant losses."Poundland ...










