CMA provisionally clears Morrisons takeover of McColl's

10th Oct 2022 12:27

(Sharecast News) - The Competition and Markets Authority said on Monday that it has provisionally cleared Morrisons' takeover of convenience retailer McColl's.

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Morrisons takeover of McColl's could lead to higher prices, says CMA

8th Sep 2022 10:12

(Sharecast News) - The Competition and Markets Authority said on Thursday that Morrisons' takeover of convenience store retailer McColl's could lead to higher prices.

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Morrisons confirms McColl's rescue deal

9th May 2022 17:19

(Sharecast News) - Morrisons confirmed on Monday that it has agreed to buy convenience store operator McColl's from the administrator, seeing off competition from the Issa brothers' EG Group.

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Morrisons wins race for McColls, to preserve jobs, stores - report

9th May 2022 10:03

(Sharecast News) - Morrisons has won a two-way battle with the Issa brothers-controlled petrol retailer EG Group for control of the McColls retail chain, Sky News reported learns.

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McColls goes into administration with 16,000 jobs at risk

6th May 2022 13:31

(Sharecast News) - Troubled UK retail chain McColl's went into administration on Friday after talks with Morrisons to buy the chain of convenience stores fell through.

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McColls shares plunge as administration looms

6th May 2022 07:52

(Sharecast News) - Shares in UK convenience store chain McColl's slumped on Friday as the company said it was increasingly likely to call in administrators as it continued to talk to lenders about a rescue deal.

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McColl's plans share suspension as crisis talks continue

3rd May 2022 08:00

(Sharecast News) - McColl's Retail said it would miss the deadline for publishing its annual results at the end of May and that it expected to suspend its shares from 1 June.

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McColl's warns possible funding could see shareholders lose out

25th Apr 2022 12:15

(Sharecast News) - McColl's Retail Group shares essentially halved on Monday morning, after the company warned that a possible funding deal could see shareholders walk away with nothing.

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McColl's Retail unaware of reason for share price surge

7th Apr 2022 15:02

(Sharecast News) - McColl's Retail said on Thursday that it does not know of any reason for the more than 50% surge in its share price.

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McColl's Q1 impacted by Omicron, recent approach for whole business withdrawn

28th Feb 2022 08:22

(Sharecast News) - Convenience shop and newsagent operator McColl's Retail Group revealed on Monday that Covid-19 had weighed on its first-quarter performance and that a recent approach for the whole business had been withdrawn.

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McColl's chief commercial officer Crampton steps down

14th Jan 2022 09:24

(Sharecast News) - McColl's Retail said on Friday that Richard Crampton plans to resign as chief commercial officer to take up the role of director of fresh food and food services at Sainsbury's.

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McColl's sales grow above pre-Covid levels despite supply crunch

8th Dec 2021 10:28

(Sharecast News) - Convenience retailer McColl's said in a trading update on Wednesday that total revenue for the financial year just ended had declined 11.2% to £1.11bn.

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McColl's sales grow above pre-Covid levels despite supply crunch

8th Dec 2021 10:28

(Sharecast News) - Convenience retailer McColl's said in a trading update on Wednesday that total revenue for the financial year just ended had declined 11.2% to £1.11bn.

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McColls to convert a further 100 locations into Morrisons Daily stores

29th Nov 2021 07:48

(Sharecast News) - McColl's has struck an agreement with wholesale partner Morrisons that will see the embattled retailer convert a further 100 of its locations into Morrisons Daily stores.

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McColl's Retail warns on profits, shares tumble

17th Nov 2021 08:39

(Sharecast News) - McColl's Retail warned on profits on Wednesday, pinning the blame on labour and supply shortages and sending shares in the convenience retailer tumbling.

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