A Booths supermarket in Hale Barns is set to shut after almost a decade in the village.
The high-end supermarket is set to transfer its lease to Asda Ltd in the coming months.
The 30,000-square-foot store launched to considerable ceremony on The Square almost a decade ago on April 15, 2015, but the company said an increase in costs means it is no longer profitable.
The company said all of its staff are set to transfer over to Asda Ltd via Transfer of Undertakings (Protection of Employment) Regulations, or TUPE, after a consultation which is already underway.
The Booths supermarket in Hale Barns is the only one of almost 30 across the North West which is understood to be under threat.
A Booths spokesperson said: "Booths have begun a consultation process with their colleagues at the Hale Barns store relating to a forthcoming transfer of the property lease for the store to Asda.
"Since opening in 2015 we have worked hard to improve the performance at Hale Barns but the challenges of increased costs have meant we cannot see a future where the store will be profitable.
"It is anticipated all jobs will be protected and transferred to Asda (via TUPE) during this consultation process.
"Closing any store is a difficult decision and it is not a reflection of the hard work and dedication of our team at Hale Barns or across the wider business.
"We would like to thank colleagues and customers for their support since the store opened over eight years ago.
"We would like to provide some reassurance we have no plans to exit any of our other stores."
An Asda spokesperson said: "Asda is delighted to announce we have acquired the property lease for Booths' Hale Barns store. The colleagues currently employed by Booths at this store will move to Asda's employment under TUPE transfer in the coming months during a consultation process.
"We look forward to welcoming our new Asda colleagues and sharing more details on our plans to bring great Asda value to the local community in the near future."
This article was written by Jack Tooth. To contact him, email jack.tooth@newsquest.co.uk or follow @JTRTooth on Twitter.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here