THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
McColl's like-for-like sales down 0.9% in third quarter

Convenience chain McColl’s saw its like-for-like sales fall by 0.9% in its third quarter after trade was impacted by supply chain disruption following the collapse of wholesaler Palmer & Harvey.

FOOD & DRINK

McColl's like-for-like sales down 0.9% in third quarter

Convenience chain McColl’s saw its like-for-like sales fall by 0.9% in its third quarter after trade was impacted by supply chain disruption following the collapse of wholesaler Palmer & Harvey.

Total revenue was up 0.6% in the 13 weeks to 26 August and by 12% in the year to date.

The retailer said its transition to new supplier Morrisons in 1,300 stores completed in mid-August, which was ahead of schedule.

Jonathan Miller, McColl’s chief executive, said: “The accelerated rollout of 1,300 stores to Morrisons supply is now complete, including all 700 stores formerly serviced by P&H. The rapid rate of transition has been a fantastic achievement, being delivered in less than nine months, and in the face of unprecedented disruption in the sector and for our business.”

McColl’s continued to invest in its store estate in the period with 26 store refreshes completed in the quarter. This brought the total number of store refreshes to 80, with the stores delivering average sales uplifts above 5%. The retailer also opened seven new convenience stores.

With its new supply chain partner in place, McColl’s said it will now focus on day-to-day operations, including improving availability and rebuilding trade in those stores most affected by the disruption.

Miller added: “Our new supply arrangement also brings with it the supermarket quality Safeway range, which will help us to improve our customer experience and neighbourhood convenience offering. We have also continued to execute our strategy and improve the quality of the estate through further store refreshes and acquisitions.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process