Shock as Co-op stores go with loss of 241 jobs
SHOPPERS and businesses have reacted with shock to news that 70 years of history is to come to an end with the closure of the Co-op's department stores.
A total of 241 jobs will go in Derbyshire, including 60 in Derby.
Midlands Co-op confirmed that its store on the corner of East Street and Exchange Street was one of nine across the Midlands that it is planning to shut over the next six months. It said "substantial losses" incurred by its home and fashion department stores over the past decade had led to the decision.
Christina Giljohann, manager at the Argento jewellery store a few yards away, said: "It will be a massive blow to the street.
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"With Millets gone and HMV in administration it is going to be really quiet."
Shopworkers' union Usdaw said it was seeking urgent talks with the Co-op in a bid to reduce the need for compulsory redundancies.
And workers leaving the Derby store last night told the Telegraph they were "devastated" and "upset" by the decision.
The Co-op's local food stores are unaffected.
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