Convenience chain McColl’s has collapsed into administration, the company confirmed this afternoon.
A statement, from administrators PriceWaterhouseCoopers said there were plans to “implement a sale of the business to a third-party purchaser as soon as possible”.
The collapse, which puts 16,000 jobs at risk, is the largest retail collapse since the Edinburgh Woollen Mill Group in 2020 and Debenhams, which employed about 12,000 people, in that same year.