Major UK supermarket on brink of collapse and at risk of closing 300 stores

Southern Co-op members have been warned the group could fold unless it merges with its national counterpart (Picture: Getty Images)

A major UK supermarket may undergo a merger to save it from collapse following three years of losses.

Bosses at Southern Co-op have warned the chain faces insolvency unless it merges with the national Co-operative Group amid ‘difficult’ trading in the last few years.

The brand currently operates more than 300 food stores, funeral parlours and Starbucks Coffee branches across southern England.

While it sha...