McColl's first-half hit by demise of P&H, CFO resigns
23rd Jul 2018 08:56
(Sharecast News) - Convenience retailer McColl's was under the cosh on Monday as it posted a drop in first-half like-for-like sales following the demise of cigarette wholesaler Palmer & Harvey, said full-year adjusted earnings would be in line with the previous year and announced the resignation of chief financial officer Simon Fuller.
Read moreCMA clears McColl's to take over almost 300 Co-op shops
20th Dec 2016 09:04
(ShareCast News) - Convenience retailer McColl's Retail Group was welcoming a decision by the Competition and Markets Authority on Tuesday, to give final and unconditional approval to its acquisition of 298 convenience stores from the Co-operative Group that was announced on 13 July. The London-list
Read moreMcColl's Q3 total sales up amid expansion
1st Sep 2016 09:14
(ShareCast News) - Convenience retailer McColl's Retail Group reported a rise in third-quarter total sales but a drop in like-for-like sales, as it said it is on track to deliver full-year results in line with the board's expectations. In a trading update for the 13-week period to 28 August, the gro
Read moreMcColl's picking up almost 300 Co-op stores
14th Jul 2016 10:44
(ShareCast News) - Almost 300 Co-op convenience stores are looking at a change of faceplate as the Co-operative Group announced agreements to sell them to rival operator McColl's. The consumer co-operative confirmed around 3,800 employees will also transfer as part of the deal. A total of 298 store
Read moreMcColl's Christmas sales rise amid expansion programme
14th Jan 2016 14:32
(ShareCast News) - Convenience retailer McColl's Retail said sales grew over the Christmas period, with a record performance on the day itself. In a trading update for the six weeks to 10 January 2016, the group said total sales were up 3.3% thanks to its ongoing convenience store expansion programm
Read moreMcColl's on track despite headwinds
28th Jul 2015 12:30
(ShareCast News) - Convenience store business McColl's Retail boosted pre-tax profits to £7.6m from a loss of £4m for the same period last year. The company said it was pleased to hold gross profit margins at 24% despite a competitive market. The retailer said it remained on track with expectations
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
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