McColls convenience store is 'increasingly likely' to go into administration. Retailer has struggled due to supply chain issues, the pandemic and inflation. Group runs over 1,100 convenience shops across England, Scotland and Wales.
McColls convenience store is 'increasingly likely' to go into administration. Retailer has struggled due to supply chain issues, the pandemic and inflation. Group runs over 1,100 convenience shops across England, Scotland and Wales
Source: News Formal (newsformal.com)
This is going to affect many post office branches which are located within Mccolls shops.
Supply chain issues eh? Another brexit win 👍
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McColl’s convenience store group says administration ‘increasingly likely’Shares in the firm had already plunged as it reported last month that talks with its lenders and banks would likely leave shareholders empty-handed. Maybe charging 90p for a Mars Bar I can buy in my local newsagent for 60p isn't a good business model
Source: The Independent - 🏆 80. / 59 Read more »
Retailer McColl’s ‘increasingly likely’ to call in administratorsConvenience store chain says any rescue likely to result in little or no value being attributed to its shares I kinda feel partially responsible. In the late nineties I used to regularly buy a four pack of beers and watch with incredulity as they scanned one can and charged me 89p for it. Wasn’t going to stop them though. Used to work for them. I’m sad for their employees but the big bosses just love bad management
Source: Guardian news - 🏆 28. / 68 Read more »
McColl's convenience store chain on brink of collapseThe retailer said on Thursday that it was increasingly likely it would enter administration.
Source: BBCLondonNews - 🏆 115. / 51 Read more »
Thousands of jobs at risk as convenience store giant McColl's teeters on brink of collapseThe operator of hundreds of Morrisons Daily stores could appoint administrators as soon as Friday amid fading hopes of a rescue deal, Sky News learns. Not surprised crap shop and dear as fck
Source: SkyNews - 🏆 35. / 67 Read more »
McColl’s convenience stores on brink of collapse\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Thought they went out of business in the late 1980s tbh.
Source: FT - 🏆 113. / 51 Read more »
Afghanistan: UK not delivering on Afghan pledge - ex-Army boss'If I was a minister, I would feel deeply ashamed.' General Sir John McColl, former UK Special Envoy to Afghanistan, tells Newsnight the UK is not delivering on a pledge to help Afghans under threat from the Taliban after working with the British Another Government lie, again the reality & failure of Johnson’s fake promises, another contemptuous disregard for people who have loyally served our interests & for whom we have obligations towards. This is his Tory party in 2022. “deeply ashamed” is how we should all feel. The British government has let down the Afghanistan people in an atrocious way. Boris Johnson has again lied to Afghan women and children and all Afghans who depended upon us. Utterly despicable. They have no shame, brexit philosophy is ' look willing. But keep them out'
Source: BBCNewsnight - 🏆 109. / 51 Read more »