McColl's

McColls Retail Group PLC
Public limited company
Traded as LSE: MCLS
Industry Retailing
Founded 1973
Headquarters Brentwood, Essex, England
Number of locations
 1,650 shops (as of Sep 2017)[1]
Key people
  • Jonathan Miller (Chief Executive)
    (Chief Financial Officer)
    Dave Thomas(Chief Operating Officer)
Revenue Increase £932.2 million[2]
Increase £23.6 million[2]
Subsidiaries Martin McColl Ltd
Website mccolls.co.uk

McColls Retail Group is a British convenience shop and newsagent operator, trading under the trading names McColls (for convenience shops), Martins (newsagents and pound shops) and RS McColl for shops in Scotland.[3][4] McColl's also operates post offices in one third of the estate, making them the largest post office operator in the United Kingdom.[5]

The company was floated on the stock market in January 2014.[6][6] In July 2016, wholly owned subsidiary, Martin McColl Ltd, announced it would acquire 298 shops from the Co operative Group Limited (subject to CMA approval) for £117 million.[7]

Criticism

After a number of robberies in Wirral, including one in which a manager was knocked out, McColls was fined £150,000, and ordered to pay £78,000 prosecution costs in November 2014, for failing to protect its staff.[8]

References

  1. ↑ "McColl's - Geographical Operations". www.mccolls.co.uk.
  2. 1 2 https://www.mccolls.co.uk/media/15704651/preliminary_results_2015_2020_monday_29022016.pdf
  3. ↑ Addy, Rod. "TM puts c-stores under single McColl's fascia".
  4. ↑ "McColl's - Our History".
  5. ↑ "McColl's - Did you know?".
  6. 1 2 Wood, Zoe (27 January 2014). "McColl's top managers in line for £180m fortune from flotation". The Guardian.
  7. ↑ "Acquisition of 298 stores from the Co-Op - RNS - London Stock Exchange".
  8. ↑ Stewart, Gary (2014-11-14). "McColls newsagents fined £150,000 for failing to protect staff in Wirral". Liverpool Echo. Retrieved 2016-12-16.
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