The Latest Breaking News from McColl

Glasgow jobs at risk as McColl's teeters on brink of collapse

The retailer has been in discussions with potential lenders to shore up the business, which struggled badly during the pandemic due to supply chain issues, inflation and a heavy debt burden.

Glasgow Live · May 5, 2022

Convenience store firm McColl's on the brink of collapse

The business admitted it is 'increasingly likely' that it will go into administration

Manchester Evening News · May 5, 2022

McColl's store chain on brink of collapse with thousands of jobs at risk

McColl's store chain has said it is looking "increasingly likely" the 1,400 store group will fall into administration unless an alternative funding solution is reached

Daily Mirror · May 5, 2022

McColl's shares to be suspended due to late annual report filing

Ongoing financing discussions mean that auditors will not make the deadline to file results

Insider UK · May 3, 2022

McColl’s shares to be suspended as auditors cannot sign off accounts

Shares in the convenience store business will be suspended from June 1

Birmingham Post · May 3, 2022

McColl’s suspends shares as rescue talks delay results

The convenience chain store is desperately trying to avoid collapse as supply chain issues, inflation and high debt weigh on the business

Evening Standard · May 3, 2022

McColl's delays full year results until refinancing solution found

Convenience store group warns that its equity may no longer have any value

Insider UK · Apr 25, 2022

Unhappy Nottingham shopper says 'something needs to be done' after supply shortage at local store

McColl's has admitted there has been low levels of availability on some products

Nottingham Post · Apr 1, 2022

McColl’s boss Jonathan Miller leaves amid crisis talks

McColl’s, which has joint venture with supermarket chain Morrisons, is looking for a financial injection to save the company

Evening Standard · Mar 24, 2022

Fears over jobs in West Dunbartonshire and Helensburgh as McColl's 'on brink of collapse'

The firm is understood to be working with advisors to find a buyer to help the business stay afloat.

Daily Record · Mar 9, 2022