Archive of all McColl's articles – Page 3
-
NewsCity Snapshot: McColl’s profits slide despite Covid sales boom
Strong customer demand during the coronavirus pandemic led to double-digit like-for-like sales growth at McColl’s last year, but consumer shift to lower margin products and investment in price hit profits
-
NewsCity snapshot: McColl’s to roll out hundreds of Morrisons Daily stores
McColl’s Retail Group has extended its wholesale supply agreement with Morrisons and is converting hundreds of stores to the supermarket’s convenience offering. Plus, Ocado has kick-started operations at its new mini customer fulfilment centre in Bristol.
-
NewsDeliveroo to expand grocery delivery service into 125 towns this year
The Grocer understands the increased availability will come from existing supermarket partners
-
NewsMcColl’s reports 12% rise in like-for-like sales
Its strongest performance was delivered through the Morrisons Daily format
-
NewsMcColl’s reaches £500k of fundraising target for children’s charity
The money raised equates to half of its fundraising target of £1m for Great Ormond Street Hospital (GOSH) Children’s Charity
-
Comment & OpinionWhat McColl’s interims tell us about the impact of coronavirus on convenience
A £500k pre-tax loss doesn’t look like good news, but it’s not all doom and gloom
-
NewsMcColl’s names Giles David as new CFO
McColl’s has quickly replaced Robbie Bell, who announced he was leaving to take up the equivalent role at Holland & Barrett
-
NewsFreshways signs Morrisons milk supply deal
The processor, a big player in foodservice, has been hit hard by the coronavirus crisis
-
NewsCity snapshot: McColl’s reassures the market on financial strength
McColl’s has issued a business update regarding the deepening COVID-19 crisis, reassuring the City that it has the “financial and operational flexibility” to deal with prolonged disruption. Plus, Waitrose introduces new coronavirus measures, trading updates from Applegreen, Cake Box, Wynnstay, a new CFO for Greencore and all the rest of the latest news from the City.
-
NewsMcColl’s planning to shut hundreds of stores
McColl’s also confirmed it had closed 120 stores during the period and opened 10
-
NewsCity snapshot: McColl’s blames weather for third quarter sales slide
Convenience retailer McColl’s has announced a 2.2% drop in third quarter like for like sales, blaming “highly unseasonable” weather for the revenue drop. Plus, Pernod Ricard reports “strong” annual sales growth as it announces share buyback and $223m US spirits deal, PZ Cussons sells Greek food business and all the rest of the latest news from the City.
-
NewsRichard Crampton to join McColl's as chief commercial officer
McColl’s said Crampton was appointed following an extensive search process
-
NewsFour McColl's stores rebrand to Morrisons Daily fascia
The conversions are part of a trial that involves 10 north west stores
-
NewsPeter Miller leaves McColl's as part of leadership changes
Ian Martin has been appointed interim commercial director
-
Comment & OpinionMcColl's Morrisons Daily rebrand could be hugely significant
Could McColl’s convert all 1,600 stores to the Morrisons fascia?
-
NewsMcColl's to trial Morrisons Daily fascia for 10 stores
The trial sites will also become the first McColl’s-owned stores to sell Morrisons-branded products…
-
NewsMcColl's to initiate range review as part of turnaround
The convenience retailer was hit hard by the collapse of Palmer & Harvey
-
Comment & OpinionMcColl’s turnaround can finally begin – and Safeway will be crucial
After a challenging 2018, there are some green shoots starting to peak through for McColl’s
-
NewsMcColl's Steve Browne joins Heart of England Co-operative
Browne replaces Peter Fletcher, who served in the role for nine years, and will be responsible for strategic growth and da…
-
Analysis & FeaturesMcColl's shares hit record low as shadow of P&H collapse endures
A year has proved a long, painful period for McColl’s investors, who have seen the value of their shares drop by more than 75% after another damaging profit warning this week.