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McColl's Like-For-Like Sales Drop On Palmer & Harvey Bankruptcy

Published on Jul 23 2018 8:28 AM in Retail tagged: Trending Posts / Supply Chain / Morrisons / Convenience / McColl's / Safeway / Paywall

McColl's Like-For-Like Sales Drop On Palmer & Harvey Bankruptcy

British convenience retailer McColl's has posted a 2.7 percent drop in like-for-like sales for the first half, as supplies were hit after the collapse of UK wholesaler Palmer & Harvey (P&H) last year.

Total revenue, however, rose 19.2 percent to £601.7 million for the 26 weeks ended May 27, as it bought about 300 convenience stores in 2017.

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