As convenience store firm McColl's Retail Group is reportedly on the brink of collapse, we've taken a look at which stores near you could be at risk.
The chain, which has a partnership with the supermarket giant Morrisons, could be calling in administrators as soon as Friday, Sky News says. Reports say that the imminent collapse of McColl's could see both Morrison's and the EG Group, a petrol retailing giant, spark a new interest in a partial takeover.
On Thursday (May 5), sources say that although the situation regarding McColl's remains "fluid", a collapse in some form was more likely than not. However, one retail industry source highlighted that it's possible that a rescue deal could happen as there are ongoing talks about the future of McColl's.
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Sky News reports this could mean that "the appointment of administrators was delayed beyond the end of this week". In February this year, there were concerns over McColl's future as they were trying to secure new funding.
The convenient chain employs roughly 16,000 people with around 6,000 of these on a full-time equivalent basis. Eight months ago, it managed to raise £30 million from shareholders in a cash call.
Across Britain, it trades from around 1,100 convenience stores and newsagents with about 200 of them now trading under the Morrisons Daily format. They warned at the start of the week that shares would be suspended by the end of May due to it being unable to meet a statutory deadline for filing its annual results.
Here are all the stores in and around Liverpool that could be at risk:
- West Derby Road, Tuebrook
- County Road, Walton
- The Parade, Northway, Wavertree
- Churchill Shopping Centre, Altway, Aintree
- Baycliff Road, West Derby
- Waddicar Lane, Melling
- Childwall Abbey Road
- Trafalgar Road, Wallasey
- Laird Street, Birkenhead
- Old Chester Road, Tranmere
- Belivdere Road, Wallasey
- King Street, Birkenhead
- Highfield Road, Rockferry
- Mount Road, Higher Tranmere
- Fernhill Road, Bootle
- Townfield Close, Noctorum
- Holmlands Drive, Prenton
- Prenton Hall Road, Prenton
- Upton Road, Noctorum
- Manor Drive, Upton
- Barnston Road, Thingwall
- Liverpool Road, Crosby
- Thingwall Road, Irby
- Station Approach, Meols, Hoylake
- Plymyard Avenue, Eastham
- Warrington Road, Prescot
- Millbrook Lane, Eccleston
- Weld Parade, Birkdale
- Portland Street, Southport
- St James Place, Southport
- Sussex Road, Southport
- Queens Road, Southport
- Edge Hill University, Ormskirk
- Marshside Road, Churchtown
- Higher Parr Street, St Helens
- Cambridge Road, St Helens
- Parr Stocks Road, St Helens
- Sutton Park Drive, Sherdley Park
- Ashton Green Drive, St Helens
- Peckers Hill Road, Sutton
- Fleet Lane, St Helens
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