All McColl's articles – Page 2
-
NewsMcColl’s warns of profit headwinds as its seeks to raise capital
McColl’s has said it may struggle to meet management expectations for the full year if availability issues continue into the second half.
-
NewsMcColl’s considers fresh equity raise to drive Morrisons c-store expansion
Convenience chain and Morrisons wholesale partner McColl’s is exploring an equity raise to drive the expansion of its Morrisons Daily store format.
-
NewsMcColl’s profits slide as Morrisons partnership extended
McColl’s has recorded a decline in profits as the pandemic altered its shoppers’ spending habits.
-
NewsMorrisons extends deal with McColl’s as conversion plans ramp up
Morrisons has extended a wholesale partnership with convenience store group McColl’s, which will convert more of its stores to the Morrisons Daily format.
-
NewsMcColl’s to hang on to rates rebate as Covid costs outweigh savings
C-store retailer McColl’s is set to keep the business rates rebate it was given by the government in March as its chief executive says Covid-related costs have since outstripped the money saved.
-
NewsMcColl’s slips to half-year loss as sales edge down
McColl’s profits and sales dipped slightly at the interim mark, although like-for-like sales during lockdown grew due to the “extraordinary changes” in customer behaviour driven by the pandemic.
-
NewsMcColl’s appoints new chief financial officer as it bolsters board
McColl’s has made new appointments to its executive and non-executive board including Giles David as chief financial officer.
-
NewsHolland & Barrett poaches McColl’s finance boss
Holland & Barrett has snapped up McColl’s chief financial offer Robbie Bell for the same role.
-
NewsMcColl’s strikes partnership with Deliveroo to support vulnerable customers
Convenience store chain McColl’s has teamed up with Deliveroo to offer home delivery of its goods to give vulnerable customers access to daily essentials.
-
NewsMcColl’s to close more than 300 stores over next four years
The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.
-
NewsMcColl’s profits slump as it seeks new debt arrangement
Struggling convenience store group McColl’s has posted declining profits and sales figures and confirmed it is in discussion with lending banks about a new debt facility.
-
NewsMcColl’s blames profit warning on low consumer confidence
McColl’s has issued a profit warning for the year, blaming “softer market conditions” in the second half of the year on unseasonable weather and low consumer confidence.
-
NewsMcColl’s sales slip in ‘highly unseasonable summer’
McColl’s has suffered a fall in third-quarter sales, which it blamed on a “highly unseasonable summer” and “ongoing macroeconomic uncertainty”.
-
NewsMcColl’s seeks ‘stability’ as profits nosedive
McColl’s has posted a decline in profits at the interim mark despite an uplift in sales as boss Jonathan Miller says the group plans to “refocus on retail execution”.
-
OpinionOpinion: Should Morrisons make a move for McColl’s?
Morrisons’ impressive turnaround under the stewardship of David Potts and Trevor Strain gathered further momentum today as it unveiled its full-year results.
-
NewsMcColl's profits hit by Palmer & Harvey collapse
Convenience retailer McColl’s has reported a fall in profits after a “challenging” year.
-
NewsMcColl’s warns on profits due to Palmer & Harvey demise
McColl’s boss Jonathan Miller said the collapse of Palmer & Harvey has caused “significant supply chain disruption” and hampered profits.
-
NewsAgenda: Halfords, McColl’s and Dixons Carphone
Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, Halfords and McColl’s.
-
NewsAgenda: Joules, McColl's, Hammerson, grocery data
Retail Week looks ahead to the next seven days, with updates from Joules, McColl’s, property giant Hammerson and Kantar-Nielsen all coming up.
-
OpinionOpinion: Forget P&H, McColl’s P&L deserves City focus
There were one billion reasons for McColl’s to be cheerful – but investors’ response to its full-year results will have dampened the mood at its Brentwood HQ.