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McColl's Has Been Slow To Adapt To Changing Retail Trends, Says Analyst

Published on Feb 28 2020 12:59 PM in Retail tagged: Trending Posts / UK / Convenience / McColl's / GlobalData / Paywall / Liberum / McColl's Retail Group

McColl's Has Been Slow To Adapt To Changing Retail Trends, Says Analyst

A leading retail analyst has said that convenience store chain McColl's Retail Group has been "slow to adapt" to a retail industry that is increasingly embracing online and foodservice.

Thomas Brereton of GlobalData was commenting following the publication of McColl's preliminary full-year results, in which the business saw total revenue down 1.8% to £1.22 billion (€1.43 billion), as a result of store closures and divestments.

'Highly Competitive'

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