The Spar wholesaler reviewed a number of options on how to trade the store profitably, but a ‘substantial’ investment by a nearby competitor forced its hand.
The decision follows the closure of two stores at Keynsham and Minehead last year when they became consistently unprofitable. All three stores were former Somerfield sites acquired by Appleby Westward from the Co-operative Group in late 2009.
The company-owned Spar store in Bridport is “trading well” and remains unaffected by the announcement.
John Pattison has now left the company and former managing director Ian Connell has now taken the reins until the arrival of Mark McCammond in late December.