Waitrose to close Camden High Street supermarket in autumn
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Waitrose has announced its supermarket on Camden High Street is set to close later this year, where 64 jobs could be lost.
Waitrose is currently looking at ways the staff will be able to stay working for the John Lewis Partnership.
The move was announced today as part of five closures across the UK, in the wake of declining profits for the John Lewis Partnership.
The company which runs both Waitrose and John Lewis said they have accepted an offer from Aldi to buy and run the branch
The sale of the store, which only opened in 2014, is expected to go through in the autumn.
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Once they’ve bought the shop, Aldi will close it for six months while it undergoes refurbishment work.
Ben Stimson, Waitrose retail director said: “The sale of these shops is not something we take lightly, but we have accepted offers for them as it is sadly - despite the best efforts of everyone involved - not commercially viable for us to continue trading from them in the long term.
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“Our priority is the wellbeing of our Partners working in those shops who will be fully supported throughout the process and we will identify opportunities for those wishing to remain with the business wherever possible.”