Britain's McColl's says it could fall into administration

MccollS Retail

05/05/2022 17:46

May 5 (Reuters) - Struggling British convenience shop chain
McColl's  MCLSM.L  said on Thursday it was increasingly likely
that the group would be placed into administration.
    The 1,100-store group, which runs McColl's and Morrisons
Daily branded convenience stores as well as Martin's newsagents,
employs about 16,000.

 (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Shailesh Kuber)
 ((abyjose.koilparambil@thomsonreuters.com; +919986528692;))