Archive of all McColl's articles – Page 6
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News
CMA to investigate McColl's purchase of 298 Co-op stores
The competition regulator has kicked off a Phase 1 inquiry into the deal…
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News
Former Tesco execs Steve Goswell and Karen Bird join McColl’s
Goswell joins as operations director while Bird assumes the role of human resources director
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News
Third quarter like-for-like sales down 1.8% at McColl’s
McColl’s Retail Group has reported a 1.8% rise in total sales in the 13 weeks to 28 August, but a 1.8% dip in like-for-like sales
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News
City Snapshot: Store growth helps sales rise 2.2% at McColl’s
Total revenues were up to £469.2m, driven by the acquisition of 24 new convenience stores
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Analysis & Features
'Convenience is a good place to be' says sized up McColl's
The £117m deal for 298 Co-op stores will fuel McColl’s continued transition from CTN to convenience retailer
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News
Co-op sells 298 smaller stores to McColl's for £117m
The deal is now subject to approval from the CMA and McColl’s shareholders
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News
McColl's expects to exceed 900 outlets in first quarter
McColl’s Retail Group continued to expand its convenience network over Christmas and expects to exceed 900 outlets
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News
Like-for-like sales slump as McColl's turns toward convenience
Sales at McColl’s Retail Group in its final quarter rose 2.7%, driven by the acquisitions of new stores
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News
McColl's on hunt for new CEO as James Lancaster steps down
Retail veteran James Lancaster confirms plan to step down as McColl’s CEO
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News
McColl’s lures Tesco’s Simon Fuller to deputy CFO role
McColl’s Retail Group has lured one of Tesco UK’s finance directors to become its deputy chief financial officer
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News
McColl's points to premium store "outperformance" despite sales dip
McColl’s strategy of concentrating on premium convenience stores has been vindicated, according to chief executive James Lancaster, despite a 2.3% fall in third quarter like-for-like sales.
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News
C-store chain McColl's renegotiates £100m credit facility
Convenience specialist McColl’s has secured a £100m refinancing package to enable it to increase the rate of its post-IPO expansion.
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News
McColl's confident in premium c-store plan despite flat sales
McColl’s Retail Group boss James Lancaster believes the retailer’s convenience-led strategy has been vindicated…
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News
McColl's hopes to tap to-go trend with Nescafé coffee machines
McColls is introducing eXpresso PLUS Nescafé Alegria machines in 110 of its 1,300-plus stores after a four-store trial
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News
McColl's bosses scoop share awards but miss out on annual bonus
Executives at newsagent chain McColl’s received a £5.3m share-related bonus last year after the company’s IPO on the London Stock Exchange, but missed out on a profit-based annual bonus.
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News
McColl’s shares plunge as consumer environment remains challenging
Shares in McColl’s Retail Group plunged almost 11% on opening this morning after the c-store chain warned that the market remained “challenging and competitive”
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News
City snapshot: McColl's puts in 'best-ever' year but challenges remain
Top story C-store chain McColl’s Retail Group (MCLS) has announced its “best-ever” set of results in its maiden full-year as a listed company. Revenues exceeded £900m for the first time, growing 6.1% from £869.4m in 2013 to £922.4m in the 53 weeks to 30 November – when ...
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Analysis & Features
McColl's reports solid numbers but investors want more
When McColl’s floated in February it was one of the few early year IPOs that did not garner a euphoric reception. Despite its solid full-year sales this morning, wary investors will be feeling vindicated by their caution.
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News
McColl’s launches Halloween fundraiser for cardiac charity
McColl’s Retail Group is aiming to raise more than £120,000 for charity Cardiac Risk in the Young this Halloween.
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News
McColl's plans to push up its premium c-store total to 555
McColl’s Retail Group is aiming to have 555 ‘premium’ c-stores in its estate by November 2016…