Morrisons has announced it will buy McColl's in a move that will save as many as 16,000 jobs. McColl's confirmed last week that it has been forced to go into administration, which would see mass job losses and store closures.
The chain of convenience stores has more 1,100 branches across England, Scotland and Wales. It employs around 16,000 staff of which roughly 6,000 are full-time employees.
The company said that it had to go into administration last week. It confirmed that the decision was made "to preserve the future of the business and to protect the interests of employees", The Mirror reports.
