McColl's stores across Wales could face closure as the struggling convenience store business confirmed it is on the brink of collapse. The retailer, which struggled badly during the pandemic due to supply chain issues, inflation and a heavy debt burden, said this week it could fall into administration.
It runs more 1,000 stores across the county, with around 20 in Wales, and employs around 16,000 people. The chain said that unless talks with potential lenders are successful, it is "increasingly likely that the group would be placed into administration". There are reports this could be as soon as today.
There are several stores in Wales including in Cardiff, Swansea, Newport, Mold and Wrexham. Many house local post offices.
