Neighbourhood retailer to regale market with update on Morrison’s wholesale tie-up
Thursday 15 Feb 2018 Author: James Crux

Neighbourhood retailer McColl’s (MCLS) full year results statement (19 Feb) will be keenly watched for an update on its wholesale tie-up with grocer Morrisons (MRW), which has seen it launch Safeway branded products exclusively in McColl’s stores.

The convenience stores-to-newsagents operator’s pre-close trading statement flagged 19.1% total revenue growth for the year ended 26 November, annual revenue topping £1bn for the first time following the successful integration of 298 convenience stores acquired from the Co-op.

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